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first resources

Companies & Markets

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

TOPSHOT - This aerial picture taken on May 29, 2025 shows a general view of palm oil plantations in Nagan Raya, west coast of Aceh province. (Photo by CHAIDEER MAHYUDDIN / AFP)
Companies & Markets

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

FILE PHOTO: People ride on a motorbike passed the trucks with palm oil fresh fruit bunches queue for unloading at a factory in West Aceh, Indonesia, May 17, 2022, in this photo taken by Antara Foto. Antara Foto/Syifa Yulinnas/ via REUTERS
Companies & Markets

First Resources to buy remaining shares of Indonesia-listed Austindo Nusantara Jaya

The growth was attributed to higher average selling prices and stronger sales volumes, said the Indonesian oil producer.
Companies & Markets

First Resources posts 43.6% higher H1 net profit of US$149.2 million

The lack of clarity from the major palm oil players on SGX highlights potential financial and operational risks given their Indonesian exposures.
ASEAN Business

Jakarta’s land crackdown clouds outlook for Singapore-listed plantation firms

First Resources attributed its improved financial performance to higher average selling prices and an increase in overall sales volume achieved by the group.
Companies & Markets

First Resources posts 74.9% higher Q1 net profit of US$63.1 million

Wilmar has logged a net institutional inflow of S$51.1 million in the year to date – the sixth highest across the entire SGX market.
Companies & Markets

SGX listcos with Indonesia exposure stay resilient amid market meltdown

Projected earnings growth for plantation players in 2025 is driven by firm selling prices amid tight supply and strong demand.
ASEAN Business
COMMODITY INSIGHTS

Crude palm oil prices to stay robust on inventory crunch, but may not lift all SGX agri counters

The acquisition target is primarily engaged in the business of oil palm plantation.
Companies & Markets

First Resources unit signs deal for US$329 million stake in Indonesia-listed Austindo Nusantara Jaya

Palm oil producer First Resources' sales for the second half rose 9.4 per cent to US$581.5 million from US$531.8 million, on the back of stronger palm oil prices.
Companies & Markets

First Resources H2 profit climbs 91.9% to US$141.8 million

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