
2021-01-15 14:42:09
First Resources to see higher earnings via Indonesia's new export levy structure: RHB
As a result of Indonesia’s new export levy structure, which is in favour of First Resources, RHB Securities reckons the palm oil producer will rake in higher earnings. The brokerage has raised its FY2020-FY2022 earnings by 6.5%-9.2% on the back of higher downstream margins, including foreign excha...