Golden Agri-Resources Ends 2019 on a High Note

• Full year EBITDA grew by 22 percent to US$697 million while Underlying Profit achieved at US$272 million
• Increased contribution from downstream business to EBITDA resulted in stronger year-on-year results despite lower average CPO prices
• Proposed final dividend of 0.58 Singapore cents per share for full year 2019 performance, same with the previous year's distribution

Financial Highlights

 

US$'million

Year ended 31 Dec

 

 

Change

Quarter ended

 

 

Change

2019

(FY 2019)

2018

(FY 2018)

31 Dec 

2019

(4Q 2019)

30 Sep 

2019

(3Q 2019)

Revenue

6,432

7,167

-10%

1,702

1,563

9%

Gross Profit

831

1,007

-17%

299

188

59%

EBITDA^[1]

697

573