Daily BriefsSingapore

Daily Brief Singapore: Golden Agri Resources and more

In today’s briefing:

  • Golden Agri Resources (GGR SP) – Replanting and Processing to Drive Future Growth

Golden Agri Resources (GGR SP) – Replanting and Processing to Drive Future Growth

By Angus Mackintosh

  • A recent webinar hosted by Smartkarma with Golden Agri Resources revealed a company confident in the outlook for both its plantation and its value-added processing businesses.
  • Golden Agri Resources leads the industry in terms of the yields on its plantations versus both Indonesia and Malaysia and continues to replant with higher-yielding varieties.
  • The company has plentiful processing capacity for its own needs and those of third parties, which will help maintain margins. Management is confident in the outlook for palm oil prices.

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