The higher figures were attributable to the stronger average selling prices (ASPs) despite lower sales volumes.
First Resources has reported earnings of US$73.6 million ($102.6 million) for the 1QFY2022 ended March, 8.4 times or 738.5% higher y-o-y than earnings of US$8.8 million for the 1QFY2021.
Sales increased by 54.1% y-o-y to US$303.5 million, while EBITDA surged 197.2% y-o-y to US$123.3 million.
