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Last $0.32 SGD
Change Today +0.005 / 1.61%
Volume 25.4M
As of 5:04 AM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

golden agri-resources ltd (GGR) Snapshot

Open
$0.32
Previous Close
$0.31
Day High
$0.32
Day Low
$0.31
52 Week High
09/5/14 - $0.53
52 Week Low
08/25/15 - $0.28
Market Cap
4.0B
Average Volume 10 Days
37.2M
EPS TTM
$0.0029
Shares Outstanding
12.7B
EX-Date
04/28/15
P/E TM
76.9x
Dividend
$0.0059
Dividend Yield
1.86%
Current Stock Chart for GOLDEN AGRI-RESOURCES LTD (GGR)

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golden agri-resources ltd (GGR) Details

Golden Agri-Resources Ltd operates as a palm oil plantation company worldwide. The company operates through Plantation and Palm Oil Mills, Palm and Laurics, Oilseeds, and Others segments. It cultivates and harvests oil palm trees; processes fresh fruit bunches into crude palm oil (CPO) and palm kernel; and refines CPO into industrial and consumer products, such as cooking oil, margarine, and shortening. The company offers bulk products, such as crude palm oil, palm kernel, palm kernel oil, palm kernel meal, olein, stearin, cocoa butter substitute, soybean oil, and soybean meal; and refined branded products, including cooking oil, margarine, butter oil substitute, shortening, and fats, as well as oleo chemicals for end-customers, restaurants, hotels, cafés, and industrial markets. It also operates a deep-sea port and oilseeds crushing plants; and produces refined edible oil products, as well as other food products, such as noodles. As of December 31, 2014, Golden Agri-Resources Ltd had a total planted area of 472,800 hectares in Indonesia. The company markets its products under the brand names of Filma, Kunci Mas, Mitra, Masku, BissOil, Palmboom, Palmvita, Delicio, Menara, Pusaka, and Good Fry in Indonesia; and Grand Slam, Red Rose, Flagship, Better life, Master Chef, Golden Carrier, Seagull, and Golden Seagull in China. In addition, it produces palm oil based bio-diesel and other renewable resources based energy. The company was founded in 1996 and is based in Singapore.

50,000 Employees
Last Reported Date: 03/18/15
Founded in 1996

golden agri-resources ltd (GGR) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

golden agri-resources ltd (GGR) Key Developments

Golden Agri-Resources Ltd Announces Unaudited Consolidated Earnings and Production Results for the Second Quarter and First Half Ended June 30, 2015; Reports Property, Plant and Equipment Written Off for the Second Quarter Ended June 30, 2015; Provides Capital Expenditure Guidance for the Year 2015

Golden Agri-Resources Ltd. announced unaudited consolidated earnings and production results for the second quarter and first half ended June 30, 2015. For the second quarter, the company reported revenue of USD 1,831,051,000 compared with USD 2,038,824,000 a year ago. Operating profit was USD 86,839,000 compared with USD 79,722,000 a year ago. Profit before tax was USD 53,109,000 compared with USD 42,288,000 a year ago. Profit attributable to owner of the company was USD 38,752,000 or 0.30 cents per diluted share compared with USD 27,254,000 or 0.21 cents per diluted share a year ago. Net cash from operating activities was USD 327,978,000 compared with net cash used in operating activities of USD 19,766,000 a year ago. Earnings before tax, non-controlling interests, and interest on borrowings, depreciation and amortization (EBITDA) were USD 145,185,000 compared with USD 130,782,000 a year ago. Capital expenditure on property, plant and equipment USD 138,903,000 compared with USD 109,639,000 a year ago. Acquisition and capital expenditure on biological assets USD 4,564,000 compared with USD 7,615,000 a year ago. The lower average crude palm oil (CPO) prices and lower production output during the current period have affected the operating performance for the Group during the current period, partially offset by improved performance from downstream operations. For the first half, the company reported revenue of USD 3,384,389,000 compared with USD 3,953,006,000 a year ago. Operating profit was USD 154,749,000 compared with USD 236,238,000 a year ago. Profit before tax was USD 75,623,000 compared with USD 181,853,000 a year ago. Profit attributable to owner of the company was USD 55,939,000 or 0.44 cents per diluted share compared with USD 131,120,000 or 1.02 cents per diluted share a year ago. The net profit decreased as crude palm oil (CPO) prices and production declined. Net cash generated from operating activities was USD 460,286,000 compared with USD 154,695,000 a year ago. Earnings before tax, non-controlling interests, and interest on borrowings, depreciation and amortization (EBITDA) were USD 273,313,000 compared with USD 330,528,000 a year ago. Capital expenditure on property, plant and equipment USD 222,976,000 compared with USD 188,631,000 a year ago. Acquisition and capital expenditure on biological assets USD 25,798,000 compared with USD 13,426,000 a year ago. Net debt was USD 2,490 million as on June 30, 2015. Adjusted net debt was USD 1,778 million as on June 30, 2015. For the quarter, the company reported FFB production of 2,464,000 tons against with 2,114,000 tons a year ago. Palm product output was 717,000 tons compared with 634,000 tons a year ago. For the first half, the company reported FFB production of 4,577,000 tons against 4 4,734,000 tons a year ago. Palm product output was 1,351,000 tons compared with 1,451,000 tons a year ago. Palm product output was lower than for the same period last year as impacted by dry conditions experienced in certain regions of Indonesia last year. First half production impacted by dry weather conditions experienced in certain regions last year. For the quarter, the company reported property, plant and equipment written off of USD 256,000 compared with USD 159,000 a year ago. For the year 2015, the company projects upstream CapEx to be USD 130 million and downstream CapEx to be USD 170 million.

Golden Agri-Resources Ltd to Report Q2, 2015 Results on Aug 13, 2015

Golden Agri-Resources Ltd announced that they will report Q2, 2015 results Pre-Market on Aug 13, 2015

Golden Agri-Resources Ltd Announces the Incorporation of PT Sinarmas Bio Energy

The Board of Directors of Golden Agri-Resources Ltd. announced the incorporation of PT Sinarmas Bio Energy(SBE), a company established in the Republic of Indonesia with an initial issued and paid-up share capital of IDR 10 billion comprising 10,000 shares of IDR 1 million each fully paid. The principal activity of SBE is the production of palm oil based bio-diesel and other renewable resources based energy.

 

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Industry Analysis

GGR

Industry Average

Valuation GGR Industry Range
Price/Earnings 73.8x
Price/Sales 0.4x
Price/Book 0.3x
Price/Cash Flow 73.6x
TEV/Sales NM Not Meaningful
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