Golden Agri-Resources Ltd
(STU:4G3A)
€
0.17
(0%)
Market Cap: 2.44 Bil
Enterprise Value: 4.25 Bil
PE Ratio: 7.01
PB Ratio: 0.51
GF Score: 58/100 Full Year 2018 Golden Agri-Resources Ltd Earnings Presentation Transcript
Feb 27, 2019 / 01:00AM GMT
Release Date Price:
€0.167
(-6.70%)
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
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