SINGAPURA – Golden Agri-Resources Ltd (GAR) booked, that in full year of 2014 (FY 2014) the income reached US$7,62 billions, or increased 15,7% from 2013 which reaching US$6,58 billions.
Based on the report of GAR, Friday (27/2), in the fourth quarter 2014 (Q4 2014), the income decreased 4,2% to be US$1,82 billions from US$1,90 billionsin the same period in last year.
The company mentioned, the plantation business showed the good work in 2014 with the Earnings before interests, taxes, depreciation and amortization (EBITDA) about US$562 millions, or increased 15 % from last year though the crude palm oil (CPO) price was decreasing.
The better works were also supported by the better palm oil product and cheaper production costs.(T3)
