Golden Agri-Resources Ltd (OTCPK:GARPF)

$ 0.2009 0 (0%) Market Cap: 2.59 Bil Enterprise Value: 4.77 Bil PE Ratio: 21.15 PB Ratio: 0.52 GF Score: 68/100

Full Year 2020 Golden Agri-Resources Ltd Earnings Call Transcript
Feb 25, 2021

$0.158

Earnings
Half Year 2020 Golden Agri-Resources Ltd Earnings Media Call Transcript
Aug 14, 2020
Full Year 2019 Golden Agri-Resources Ltd Earnings Media Call Transcript
Feb 28, 2020
Q3 2019 Golden Agri-Resources Ltd Earnings Call Transcript
Nov 14, 2019

$0.21

Earnings
Half Year 2019 Golden Agri-Resources Ltd Earnings Media Call Transcript
Aug 15, 2019
Q1 2019 Golden Agri-Resources Ltd Earnings Call Transcript
May 14, 2019

$0.19

Earnings
Full Year 2018 Golden Agri-Resources Ltd Earnings Presentation Transcript
Feb 27, 2019

Full Year 2019 Golden Agri-Resources Ltd Earnings Media Call Transcript

Feb 28, 2020 / 03:00AM GMT

Release Date Price: $0.16

Transcript

Richard Fung

Golden Agri-Resources Ltd - Director of IR

So I would like to start with the executive summary. And if you look at the slides, you can see that we are pleased with the improved results in the fourth quarter that came both from the upstream as well as our downstream business, as I will detail shortly.

If we look at the fourth quarter, we see improvements across the board even though the palm product output was lower. And for the full year, we saw the revenue decline, primarily because of lower average CPO prices compared to 2018 as well as slightly lower production. But nonetheless, we were able to improve our earnings performance, reflected in both the EBITDA and the underlying profits.

So we go into more detail on the next slide. And here, you can see that -- again, that we had a strong fourth quarter. And the performance was enhanced primarily because of CPO price appreciation, but we also enjoyed a fair value gain on financial assets, in compliance with the IFRS 9.

The next slide is the financial position. And Golden Agri's net debt remained -- sorry, the

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.