Golden Agri-Resources´ third quarter 2019 performance saw quarterly improvement with higher plantation output
(WorldNews Environment)

Golden Agri-Resources` third quarter 2019 performance saw quarterly improvement with higher plantation output Third quarter 2019 palm product output grew by 25 percent to 832,000 tonnes Downstream business mitigated impact of lower CPO prices and production during the first nine months of 2019 FINANCIAL HIGHLIGHTS Nine-month period ended Quarter ended 30 Sep 30 Sep 30 Sep 30 Jun US$`million 2019 2018 Change 2019 2019 Change (9M 2019) (9M 2018) (3Q 2019) (2Q 2019) Revenue 4,730 5,515 -14% 1,563 1,549 1% Gross Profit 532 745 -29% 188 152 24% EBITDA1 305 370 -18% 107 77 38% Underlying (Loss)/Profit2 (12) 79 n.m 3 (27) n.m Net (Loss)/Profit3 (46) (81) -44% 0.8 (65) n.m (Loss)/Earnings per Share4...