Interim Performance Presentation 1H 2019: first half period ended 30 June 2019.
August 14, 2019 at 10:02 pm EDT
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GOLDEN AGRI-RESOURCES LTD Interim Performance Presentation
Second quarter and half year ended 30 June 2019 15 August 2019
DISCLAIMER
This presentation has been prepared by Golden Agri-Resources Ltd. ("GAR" or "Company") for informational purposes, and may contain projections and forward looking statements that reflect the Company's current views with respect to future events and financial performance. These views are based on current assumptions which are subject to various risks and which may change over time. No assurance can be given that future events will occur, that projections will be achieved, or that the Company's assumptions are correct. Actual results may differ materially from those projected. A prospective investor must make its own independent decision regarding investment in securities.
Opinions expressed herein reflect the judgement of the Company as of the date of this presentation and may be subject to change without notice if the Company becomes aware of any information, whether specific to the Company, its business, or in general, which may have a material impact on any such opinions.
The information is current only as of its date and shall not, under any circumstances, create any implication that the information contained therein is correct as of any time subsequent to the date thereof or that there has been no change in the financial condition or affairs of GAR since such date. This presentation may be updated from time to time and there is no undertaking by GAR to post any such amendments or supplements on this presentation.
The Company will not be responsible for any consequences resulting from the use of this presentation as well as the reliance upon any opinion or statement contained herein or for any omission.
Downstream business mitigates low CPO market prices
EBITDA (US$ million)
200 197
150
100
97
102
100
50
36
40
41
12
0
Plantation and palm oil
Palm, laurics and others
mills
1H18
1H19
2Q18
2Q19
• 1H 2019 vs 1H 2018
Revenue
US$3,167 mn
14%
EBITDA
US$198 mn
17%
Underlying loss1
US$15 mn
n.m
Palm product output
1.29 mn MT
2%
CPO FOB price
US$496/MT
22%
• 2Q 2019 vs 2Q 2018
Revenue
US$1,549 mn
17%
EBITDA
US$77 mn
34%
Underlying loss1
US$27 mn
n.m
Palm product output
664,000 MT
6%
CPO FOB price
US$479/MT
22%
Note:
1. Net loss attributable to owners of the Company, excluding net effect of net loss from changes in fair value of biological assets, depreciation of bearer plants, exceptional items and
other non-operating items (foreign exchange gain/loss and deferred tax income).
5
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gar - Golden Agri-Resources Ltd. published this content on 15 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2019 02:01:04 UTC
Golden Agri-Resources Ltd is a fully integrated agribusiness company focused on the technology-driven production and distribution of palm-based products. The Company's activities include cultivating and harvesting oil palm trees; extracting fresh fruit bunches into crude palm oil and palm kernel; to processing it into value-added products, such as cooking oil, margarine, shortening, biodiesel and oleochemicals, and merchandising palm products throughout the world. It is also engaged in the production, processing, packaging, and merchandising of palm and other vegetable oil products, including oleochemicals, specialty fats, biodiesel, and refined edible oils for both businesses and consumers. Its products and services include consumer products, food services, oleochemicals, biofuel, shipping & logistics, sugar, seeds and food & nutrition innovations. It also has complementary businesses, such as soybean-based products in China, sunflower-based products in India, and sugar businesses.
GOLDEN AGRI-RESOURCES LTD 
