First Resources H1 net profit falls 16.7% to US$32.6m on higher export taxes
Despite profit drop, palm oil producer sees 48.4% surge in sales
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Singapore
PALM oil producer First Resources on Friday announced a 16.7 per cent drop in net profit to US$32.6 million for the six months ended June 30, from US$39.1 million a year ago.
Earnings per share fell to 2.06 US cents in H1, from 2.47 cents in the year-ago period.
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