tiprankstipranks
First Resources Reports Growth in 2024 Palm Oil Production
Company Announcements

First Resources Reports Growth in 2024 Palm Oil Production

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

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

First Resources Limited reported a positive growth in palm oil production for the first nine months of 2024, with a 4.5% increase in Fresh Fruit Bunches (FFB) harvested and a 3.5% rise in Crude Palm Oil (CPO) production compared to the same period last year. The company attributes this growth to higher yields from its nucleus plantations. These results may interest investors looking at agricultural stocks and commodities.

For further insights into SG:EB5 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App