Feb 27, 2019 / 01:00AM GMT
Presentation
Feb 27, 2019 / 01:00AM GMT
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Corporate Participants
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* Anita Neville
Golden Agri-Resources Ltd - VP of Corporate Communications & Sustainability Relations
* Richard Fung
Golden Agri-Resources Ltd - Director of IR
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Richard Fung - Golden Agri-Resources Ltd - Director of IR
We will start off with the executive summary and presentation, and then after that, there will be time for Q&A.
So 2018 was a challenging year as one of the key drivers for the industry is the CPO price, and unfortunately, the CPO price saw a declining trend throughout the year. Nonetheless, Golden Agri once again proved its resilience, and actually was able to see quarter-on-quarter improvements in third and also fourth quarter despite the continuing lower CPO prices.
And a major contributor to that was the plantation growth after the weak year of 2016, resulting from the El Niño in 2015, we've seen very strong double-digit improvements in '17 and '18. And we saw our
Full Year 2018 Golden Agri-Resources Ltd Earnings Presentation Transcript
Feb 27, 2019
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