First Resources Posts Strong Q1 Production Growth

First Resources (Singapore) (SG:EB5) has released an update.

First Resources Limited reports a significant increase in their first-quarter production for 2024, with a 6.4% rise in Fresh Fruit Bunches harvested and an 8.9% increase in Crude Palm Oil production compared to the same period last year. The company also saw improvements in efficiency with FFB and CPO yields per hectare rising from the previous year. The positive trend is evident in the monthly production figures, which show consistent growth in both FFB harvested and CPO production from January to March 2024.

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