1H2020 Results - News Release
(WorldNews Environment)

FIRST RESOURCES LIMITED (Company Registration No. 200415931M) (Incorporated in Singapore with limited liability) FOR IMMEDIATE RELEASE First Resources` 1H2020 net profit grew 48% to US$43.2 million on stronger palm oil prices Overall results boosted by higher average selling prices achieved Declares an interim dividend of 1.00 Singapore cent per share FINANCIAL HIGHLIGHTS (Half year ended 30 June) US$ `million 1H2020 1H2019 Change Sales 278.2 293.0 (5.1%) Gross Profit 114.1 84.7 34.8% EBITDA(1) 106.9 81.5 31.2% Net Profit(2) 43.2 29.3 47.8% Profit from operations before depreciation and amortisation. Profit attributable to owners of the Company. Singapore, 14 August 2020 - First Resources...