- First Resources (SGX:EB5)’s production had outperformed peers in 3Q24, driven by its estates in Sumatra and Kalimantan, with Kalimantan particularly benefitting from heavy rainfall. First Resources’s operational excellence also played a part, especially fertilising and replanting activities.
- - Read this at SGinvestors.io -
First Resources’s strong production volume should outperform the industry in 2025
- First Resources is set to utilise its new land parcel of 17,600ha. The land parcel is projected to boost output by 8% y-o-y assuming a similar yield to existing estates as its reaches 3-4 years old (2029-2030).
- - Read this at SGinvestors.io -
Steady earnings ahead after performing well in 2024
- Read more at SGinvestors.io.
Above is the excerpt from report by DBS Group Research.
Clients of DBS may access the full report in PDF @ https://www.dbs.com/insightsdirect/.
William Simadiputra DBS Group Research | https://www.dbs.com/insightsdirect/ 2024-12-10
Previous report by DBS:
2023-07-11 First Resources - Riding On Palm Oil Price Recovery.
Price targets by 3 other brokers at First Resources Target Prices.
Listing of research reports at First Resources Analyst Reports.
Relevant links:
First Resources Share Price History,
First Resources Announcements,
First Resources Dividend Payout Dates & Corporate Actions,
First Resources News
