Golden Agri-Resources (SG:E5H) has released an update.
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Golden Agri-Resources has reported a decrease in total current assets from IDR 23.7 trillion to IDR 19.1 trillion and a slight increase in total non-current assets from IDR 18.9 trillion to IDR 20.5 trillion as of December 31, 2023. The consolidated financial statement also shows a reduction in cash and cash equivalents, trade accounts receivable, and biological assets. Overall, the company’s total assets have decreased from IDR 42.6 trillion in the previous year to IDR 39.7 trillion.
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