Brief: Golden Agri-Resources says Q1 net profit attributable $94.1 mln
13/05/2016 10:06
May 13 (Reuters) - Golden Agri-Resources Ltd GAGR.SI : * First quarter results) GAGR.SI * Q1 revenue $1.49 billion versus $1.55 billion a year ago * Q1 net profit attributable to owners of co $94.1 million versus loss of $3.2 million * Q1 core net profit attributable to owners of the company $40.4 million versus $24.4 million * Group's operating performance will be affected by the prices of CPO and competing seed oils, climatic conditions, fluctuating foreign currency exchange rates * Says the group's production will be negatively affected by the el nino weather condition * "Group will continue optimising margins through further vertical integration of its operations" * No dividend has been declared for the quarter ended 31 March 2016 * "Notwithstanding periods of volatility, long-term fundamentals of the industry remain promising" * Source text for Eikon ID:nSNZ1vsmjg ((For more news, please click here GAGR.SI )) ((Bengaluru Newsroom; +91 80 6749 1130))
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