First Resources
First Resources is one of the leading palm oil producers in the region, managing over 200,000 hectares of oil palm plantations across the Riau, East Kalimantan and West Kalimantan provinces of Indonesia.
See below for the Latest First Resources News, Analysis, Profit Results, Share Price Information, and Commentary.
First Resources refutes ties to rainforest clearing in Indonesia
Independent advisor to review First Resources’ practices.
First Resources’ net profit falls 44.1% YoY to $71.5m in 1H23
The company’s sales likewise fell during the period.
First Resources’ revenue reaches an all-time high of US$1.2b in FY22
The record sales propelled its underlying net profit to US$334.2m.
First Resources Limited’s net profit surges threefold to US$253.8m in 9M 2022
EBITDA is also 91.2% higher than a year ago.
First Resources' net profit soars 293.1% YoY to US$128.0m
Stronger palm oil prices gave the company a boost.
First Resources Limited’s full-year profit soars 61.6% YoY to $218.23m
This is on the back of its record-breaking sales of $1.4b in FY21.
First Resources sales heighten by 89.2% to $424.8m for Q3
This was driven by the group's higher average selling prices of palm oil.
Olam, Frencken lead most traded stocks rally in August
DBS, Singtel, and OCBC are the most traded stocks for the first eight months of the year.
First Resources output growth may exceed 5% in 2021: Maybank Kim Eng
The palm oil producer is expected to make up for its drop in net profit in the next six months.
First Resources net profit down 16.7% amidst volatile palm oil prices
First Resources’ reported a net profit of $32.6m for the first half of the year.
First Resources appoints Tan Seow Kheng as director
He is currently general manager of Ewis Group.
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