Golden Agri-Resources (GAR)
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Golden Agri-Resources (GAR)

http://www.goldenagri.com.sg/
Last activity: 30.05.2025
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Categories: ActiveAgriTechBusinessEnvironmentalExchangeFoodTechFutureIndustryOilSocial
Golden Agri-Resources (GAR) is one of the largest palm oil plantation companies in the world. Our plantations are located in Indonesia and we manage more than 500,000 hectares of palm oil plantations (including smallholder farmers). We are a leading seed-to-shelf agribusiness—from growing oil palms with farmers to producing food for the present and future.

Sustainability is an essential part of our business and we are guided by our GAR Social and Environmental Policy (GSEP). The GSEP is the roadmap we share with our employees, smallholders, suppliers, and customers as we work together to realise GAR’s vision of a sustainable palm oil industry.

GAR believes that farming palm oil is an effective way to create jobs and alleviate poverty, and provides opportunities for communities to secure a better livelihood for themselves. As one of the largest plantation companies in Indonesia, operating largely in rural and remote areas, we not only play an active role in the well-being of our employees, but also in the wider communities where we operate.

Founded in 1996, GAR was listed on the Singapore Exchange in 1999 and the corporate office is located in Singapore. GAR has several subsidiaries which include PT SMART Tbk, our business operating in Indonesia; our distribution business in Europe and the US; PT Dami Mas Sejahtera, our certified DxP seed producer and supplier; and our various businesses in China.
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Location: Singapore
Employees: 10001+
Phone: +65 6590 0800
Founded date: 1996

Mentions in press and media 36

DateTitleDescription
01.06.2025Golden Agri-Resources: Pioneering Sustainable Palm Oil Through Innovation and CollaborationIn the lush landscapes of Indonesia, a quiet revolution is brewing. Golden Agri-Resources (GAR), a titan in the palm oil industry, is stepping up its game. With a new partnership with the French Agricultural Research Centre for Internationa...
30.05.2025GAR's Sustainability Report 2024 Shows Company, Customers and Communities Growing Together with PurposeSINGAPORE, May 30, 2025 /PRNewswire/ -- Golden Agri-Resources (GAR) today published its Sustainability Report 2024, covering a year that saw the company establish the scale and scope of its climate ambitions while continuing to deliver on c...
29.05.2025GAR and CIRAD Strengthen Commitment to Scientific Collaboration, Advancing Sustainable Palm OilJAKARTA, Indonesia, May 29, 2025 /PRNewswire/ -- Integrated palm oil producer Golden Agri-Resources (GAR) has announced a new agreement to accelerate innovation in sustainable palm oil, together with the French Agricultural Research Centre ...
15.05.2025GAR Profits Surge in Competitive Market Environment During the First Quarter of 2025Net profit for the quarter surged by 47% year-on-year to US$55 million. Growth in plantation output helped to offset softer downstream performance, resulting in a first quarter 2025 EBITDA margin of over 8.5%. SINGAPORE, May 15, 2025 /PRNew...
06.03.2025Golden Agri-Resources Partners with Verborg Group to Pilot SmartTrace EUDR Compliance SystemBlockchain-powered SmartTrace platform is designed to integrate with EU TRACES system, supporting EUDR due diligence for operators. Limited trials have been launched as part of GAR's efforts to help customers prepare for EUDR implementation...
27.02.2025Second Half Recovery Spurs Robust Full Year 2024 Performance for Golden Agri-ResourcesEBITDA grew by 23% in the second half of the year, bringing full-year EBITDA to US$1.1 billion at a margin of 10%. Proposed 31% increase in final dividend to 0.804 Singapore cents per share, subject to shareholder approval. SINGAPORE, Feb. ...
14.11.2024Growth in Value-Added Downstream Sector Counters El Niño Impacts for Golden AgriNine-month 2024 revenue grew by 8% year-on-year while EBITDA increased to US$758 million with a margin of 9.6% Downstream business growth mitigated the impact of lower production caused by El Niño conditions Underlying profit impacted by in...
13.08.2024Downstream Business Continues to Increase Contribution to GAR's Financial Performance in the First Half of 2024EBITDA margin remained robust at almost 10% despite lower plantation output Downstream business makes strong contribution to consolidated performance Underlying profit impacted by increased financial expenses due to high interest rates SING...
31.05.2024GAR's Sustainability Report 2023 Outlines Path for Continuous Improvement on Climate Change, Supply Chains and CommunitiesSINGAPORE, May 31, 2024 /PRNewswire/ -- Golden Agri-Resources Ltd (GAR) has published its Sustainability Report 2023, detailing the company's efforts to address climate change risks, enhance sustainable production throughout the palm supply...
15.05.2024Integrated Operations and Downstream Sales Contribute to Resilient Financial Performance for GAR in the First Quarter of 2024Sustained first quarter 2024 EBITDA margin of over nine percent Net profit was impacted by foreign exchange loss, interest expenses and lower yields due to El Niño Financial position remained robust with a low gearing ratio of 0.56 times SI...
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