Golden Agri-Resources

Golden Agri-Resources H2 profit falls 8.5% to US$239.9 million

Revenue rises 17.9% to US$6.8 billion, from US$5.8 billion a year earlier

Analysts say agri industry tailwinds should extend the strong momentum from H1, though policy risks and company specific-challenges cloud the outlook.

Firmer palm oil prices lift SGX agri stocks ahead of H2 results, but Indonesia risks cloud outlook

Market watchers expect the strong streak from earlier in FY2025 to continue, but individual companies face potential downside risks

The recent price strength of crude palm oil has been underpinned by policy developments, such as the US biofuel blending targets.

SGX-listed plantation firms ride output gains, lure with dividends

While analysts expect the strong streak to continue, downside risks to crude palm oil prices in H2 remain

Given active engagement with the regulators, Golden Agri-Resources says it is not in a position to give any indication on material impact at the moment.

Jakarta’s land crackdown brings ‘short-term pain’ but long-term clarity: Golden Agri-Resources

The palm oil giant expects to give an update by end-2025, based on when Indonesia expects to complete its land-use review

Higher plantation output allowed the company to capitalise on stronger crude palm oil prices.

Golden Agri-Resources’ H1 net profit rises 56.5% to US$160.3 million

Higher palm oil prices, lower interest expenses among reasons for the increase

The lack of clarity from the major palm oil players on SGX highlights potential financial and operational risks, given their Indonesian exposures.

Jakarta’s land crackdown clouds outlook for Singapore-listed plantation firms

Companies tight-lipped on impact after Indonesian authorities confiscate 2 million out of a targeted 3 million hectares of reportedly illegally run plantations

Operational performance in upstream palm oil product output grew 11% to 658,000 tonnes from 590,000 tonnes in the same period the year before.

Golden Agri-Resources Q1 profit rises 47% to US$55 million on better plantation output

Revenue is up 19% to US$3 billion with the increase in crude palm oil prices

Wilmar has logged a net institutional inflow of S$51.1 million in the year to date – the sixth highest in the entire SGX market.

SGX listcos with Indonesia exposure stay resilient amid market meltdown

But analysts raise caution over equities with emerging market exposure

Projected earnings growth for plantation players in 2025 is driven by firm selling prices amid tight supply and strong demand.
COMMODITY INSIGHTS

Crude palm oil prices to stay robust on inventory crunch, but may not lift all SGX agri counters

Higher CPO prices are set to persist; analysts expect Bumitama Agri, First Resources to get a boost