Stock Analysis
Golden Agri-Resources (SGX:E5H) Full Year 2023 Results
Key Financial Results
- Revenue: US$9.76b (down 15% from FY 2022).
- Net income: US$197.6m (down 75% from FY 2022).
- Profit margin: 2.0% (down from 6.8% in FY 2022). The decrease in margin was driven by lower revenue.
- EPS: US$0.016 (down from US$0.062 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Golden Agri-Resources Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 65%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Food industry in Singapore.
Performance of the Singaporean Food industry.
The company's shares are down 1.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Golden Agri-Resources that you should be aware of.
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Find out whether Golden Agri-Resources is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SGX:E5H
Golden Agri-Resources
Golden Agri-Resources Ltd, an investment holding company, operates as an integrated palm oil plantation company in Europe, China, India, Pakistan, the Middle east, and the United States.
Excellent balance sheet and fair value.