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First Resources posts 61% drop in 1Q21 net profit on higher export taxes - THE EDGE SINGAPORE

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First Resources posts 61% drop in 1Q21 net profit on higher export taxes

The higher export taxes follow the implementation of a new levy structure in Indonesia since December 2020.

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Golden Agri’s 1Q earnings fall 60.1% to $52.2 mil on higher expenses and forex loss

SINGAPORE (May 15): Golden Agri-Resources has posted earnings of US$37.5 million ($52.2 million) for the 1Q ended March 31, declining 60.1% from the US$94.1 million earnings announced in the preceding year.
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