Golden Agri-Resources profit up 11% to US$110m in the third quarter

GAR profit for the first nine months more than doubled to US$520m, thanks to the recovery of palm products output.

Golden Agri-Resources Ltd reported:

Supported by favourable weather conditions and expanded mature area by 27,700 hectares, GAR has been able to sustain its production growth. Palm products output for the nine-month period of 2011 increased by 24% to 1.94 million tonnes. For 3Q 2011, palm products output achieved 687,000 tonnes, 6% stronger quarter-on-quarter and 13% higher year-on-year.

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Lorem Ipsum 2 [SBR 26 march]

Lorem Ipsum [SBR 26 march]

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