First Resources

SINGAPORE (Nov 13): Analysts of three research houses are keeping First Resources at “buy” on robust 3Q18 performance, strong output numbers and attractive valuations.

SINGAPORE (Sept 4): Six of the biggest agriculture-focused stocks listed on the Singapore Exchange (SGX) are beating global agriculture benchmarks so far this year, according to data from Bloomberg and SGX.

SINGAPORE (May 16): First Resources reported a 44% fall in 1Q18 earnings to US$27.7 million ($37 million) and a 40% fall in 1Q18 profit from operations to US$43.3 million.

SINGAPORE (May 15): RHB is reiterating its “neutral” call on First Resources with a fair value estimate of $1.75.

SINGAPORE (May 15): First Resources recorded a 42.8% decline in 1Q18 earnings ended March to US$27.7 million ($37 million) and a 40% drop in profit from operations of US$43.3 million from a year ago.

SINGAPORE (May 14): First Resources reported 1Q18 earnings declined 42.8% to US$27.7 million ($37.0 million) from US$48.5 million in 1Q17.

SINGAPORE (Mar 5): CIMB is maintaining its “neutral” call on the agribusiness sector while maintaining its average crude palm oil (CPO) price forecast of RM2,700 per tonne ($913.33) for 2018.

SINGAPORE (Feb 28): Maybank Kim Eng is upgrading First Resources to "buy" with a higher $2.20 target price given the stock is trading at 1 SD below historical mean.

SINGAPORE (Feb 26): First Resources, the Indonesia-based palm oil producer, reported full-year earnings rose 9.8% to US$139.5 million ($183.9 million) from a year ago while underlying net profit rose 20.8% to US$139.5 million in FY17. This came on the bac

SINGAPORE (Dec 21): La Nina is making a return bringing with her above-average rainfall for planters in the coming months.