[New post] CIMB: Golden Agri-Resources

alanyeo posted: " Higher price and output boost 1H earnings■ GGR's 1H21 core net profit was above our expectations due to better-thanexpectedCPO price achieved as well as high downstream margins.■ 1H21 earnings benefitted from increased FFB output and CPO selling prices.A" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Golden Agri-Resources by alanyeo Higher price and output boost 1H earnings■ GGR's 1H21 core net profit was above our expectations due to better-thanexpectedCPO price achieved as well as high downstream margins.■ 1H21 earnings benefitted from increased FFB output and CPO selling prices.Also, the downstream division gained from the rising CPO price trend.■ We upgrade GGR to Hold from Reduce […] Read more of this post alanyeo | August 16, 2021 at 11:11 am | Tags: Golden Agri | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2XU Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/16/cimb-golden-agri-resources/ Thanks for flying with WordPress.com