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first resources

Companies & Markets

SGX-listed palm oil players under pressure as Indonesia’s commodity export overhaul stokes fears

First Resources' Q1 revenue is up 70.4% year on year, driven by more purchases of fresh fruit bunches and palm oil products.
Companies & Markets

First Resources Q1 net profit up 53.1% at US$96.6 million on stronger sales, production output

Indonesia's B50 mandate targets a 50-50 mix of palm oil-based fuel with diesel in all sectors from 2028.
Companies & Markets

Asean’s biodiesel push fuels palm oil rally, but will SGX-listed players gain?

Higher crude palm oil prices may compress margins for companies with downstream segments such as consumer products if cost pass-through to customers is limited.
Companies & Markets

‘Double-edged sword’: Wilmar, Golden Agri may face margin squeeze from Iran war, but upstream players could gain

Looking ahead, the company expects factors such as government policies and geopolitical dynamics to continue to influence the market prices of palm and other vegetable oils.
Companies & Markets

First Resources posts 44.3% rise in H2 net profit to US$204.7 million

Analysts say agri industry tailwinds should extend the strong momentum from H1, though policy risks and company specific-challenges cloud the outlook.
Companies & Markets

Firmer palm oil prices lift SGX agri stocks ahead of H2 results, but Indonesia risks cloud outlook

The counter climbed to S$2.23 as at 10.41 am, and then pared back on some gains to be at S$2.22, or 7.3% up, as at the midday trading break.
Companies & Markets
HOT STOCK

First Resources shares rise 6.3% on Q3 profit surge

First Resources posted a 82.5% jump in sales in the third quarter.
Companies & Markets

First Resources Q3 profit surges 43.5% to US$87.5 million

First Resources has decided to streamline its plantation footprint by exiting the oil palm plantation business in the West Papua province of Indonesia.
Companies & Markets

First Resources sells Indonesia units, exits oil palm plantation business in West Papua

The recent price strength of crude palm oil has been underpinned by policy developments, such as the US biofuel blending targets.
Companies & Markets

SGX-listed plantation firms ride output gains, lure with dividends

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