First Resources' Attributable Profit Soars 92% in H2 2024

MT Newswires

02-28

First Resources' (SGX:EB5) net profit attributable to owners rose 92% to $141.8 million in the second half of 2024 from $73.9 million a year ago.

Earnings per share zoomed to $0.0916 from $0.0472 in the year-ago period, according to a Friday bourse disclosure.

The palm oil producer registered sales worth $581.5 million during the period, an increase of 9.4% from $531.8 million a year earlier.

The palm oil producer's board proposed a final dividend of SG$0.063 per share for the 12 months ended Dec. 31, 2024, bringing the full-year ordinary dividend to SG$0.098 per share.

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