Golden Agri-Resources Full Year 2023 Earnings: Revenues Miss Expectations

Simply Wall St.03-04

Golden Agri-Resources (SGX:E5H) Full Year 2023 ResultsKey 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 ...

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Net income: US$197.6m (down 75% from FY 2022). Profit margin: 2.0% (down from ...</p>\n\n<a href=\"https://simplywall.st/stocks/sg/food-beverage-tobacco/sgx-e5h/golden-agri-resources-shares/news/golden-agri-resources-full-year-2023-earnings-revenues-miss\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"E5H.SI","symbol_name":"金光农业资源","start_time":0,"source_url":"https://simplywall.st/stocks/sg/food-beverage-tobacco/sgx-e5h/golden-agri-resources-shares/news/golden-agri-resources-full-year-2023-earnings-revenues-miss","article_id":"2416978971","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/5121000-choice1-main-header/1585186829794"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2416978971","pubTimestamp":1709533503,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Golden Agri-Resources ( SGX:E5H ) Full Year 2023 Results Key Financial Results Revenue: US$9.76b (down 15% from FY...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"E5H.SI":"金光农业资源"},"translate_title":"黄金农业资源2023年全年收益：收入低于预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"E5H.SI":1},"content_text":"Golden Agri-Resources (SGX:E5H) Full Year 2023 ResultsKey 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.  SGX:E5H Earnings and Revenue Growth March 4th 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period Golden Agri-Resources Revenues Disappoint  Revenue missed analyst estimates by 3.3%.    Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.0% 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 Be aware that  Golden Agri-Resources is showing  2 warning signs in our investment analysis that you should know about... Valuation is complex, but we're helping make it simple.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.View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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