# Golden Agri-Resource’s integrated business model delivers strong 2016 results amidst softer palm product output - Golden Agri-Resources

> Golden Agri-Resources reported 2016 revenue above US$7.2 billion and EBITDA up 6% to US$572 million, despite a 15% fall in plantation output. The palm and laurics segment's EBITDA rose 66% to US$181 million, and the board proposed a final dividend of 635 Singapore cents per share.

- Date: 2017-02-24 · published 2017-02-24T12:00:00.000Z
- Category: report · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/72569-golden-agri-resource-s-integrated-business-model-delivers-strong-2016-results
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Earnings resilience reflects higher crude palm oil prices outweighing weaker output, which supports the palm oil price outlook and signals firm producer margins.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-02-07 | [First Resources' crude palm oil production up 38.4% in Q4 \| Singapore Business Review](https://feedsoft.ai/events/72568-first-resources-crude-palm-oil-production-up-38-4-in-q4-singapore-business.md) | -1.0% | -7.3% |
| PALMOIL | 2020-07-22 | [Asian palm oil producers forecast lower output in 2020](https://feedsoft.ai/events/52037-asian-palm-oil-producers-forecast-lower-output-in-2020.md) | +0.3% | +9.5% |
| PALMOIL | 2022-12-05 | [Malaysia’s end-Nov palm oil stocks seen down slightly as output falls - Markets - Business Recorder](https://feedsoft.ai/events/38334-malaysia-s-end-nov-palm-oil-stocks-seen-down-slightly-as-output-falls-markets.md) | +1.3% | +7.0% |
| PALMOIL | 2021-03-25 | [Indonesia’s end-2021 palm oil stocks seen plunging - Markets - Business Recorder](https://feedsoft.ai/events/47981-indonesia-s-end-2021-palm-oil-stocks-seen-plunging-markets-business-recorder.md) | -1.3% | -1.8% |
| PALMOIL | 2016-12-19 | [Indonesia state research firm sees 2016 palm oil production down 2.3 percent](https://feedsoft.ai/events/73378-indonesia-state-research-firm-sees-2016-palm-oil-production-down-2-3-percent.md) | -1.2% | -0.3% |

## Sources

- goldenagri.com.sg: https://www.goldenagri.com.sg/golden-agri-resources-integrated-business-model-delivers-strong-2016-results-amidst-softer-palm-product-output/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.