ShareInvestor.com

Latest News

• 18 Apr 2014 07:12
  Brief: First Resources (SGX Symbol: EB5) is now trading cum-dividend. Source: ShareInvestor Express
• 25 Feb 2014 11:24
  First Resources: FY2013 Underlying Net Profit Up 2.7% To US$217.0 Million. Source: ShareInvestor Express
• 30 Dec 2013 17:35
  First Resources: Acquisition Of PT Borneo Damai Lestari Raya For Rp1 Billion. Source: ShareInvestor Express
• 13 Aug 2013 10:59
  Brief: FirstRes (SGX Symbol: EB5) is now trading cum-dividend. Source: ShareInvestor Express
• 13 Aug 2013 07:56
  First Resources: 2Q13 Net Profit Down 25.7% To US$37.7 Million. Source: ShareInvestor Express
• 23 Jun 2013 10:48
  First Resources: Denies Media Reports Of Hotspots Identified On Land Concessions. Source: ShareInvestor Express
• 06 Jun 2013 17:19
  First Resources: RM600 Million 4.35% Islamic Medium Term Notes Due 2020. Source: ShareInvestor Express
• 27 Feb 2013 17:15
  First Resources: 4Q12 Net Profit Down 6.1% To US$73.1 Million. Source: ShareInvestor Express

Price Movements

Notes:

1. Price movements are based on adjusted historical data.
2. Percentage changes are based on comparison of last done price with historical closing price from 5 days, 10 days, 20 days, 13 weeks(3 months), 26 weeks(6 months), 52 weeks(1 year), 104 weeks(2 years), 156 weeks(3 years) and 260 weeks(5 years) ago.

Company Background

The Company was incorporated in Singapore on 9 December 2004.First Resources Limited is one of the largest private sector producers of crude palm oil in Indonesia. Its primary business activities are cultivating oil palms, harvesting the fresh fruit bunches from those trees and processing crude palm oil and palm kernel which it sells in Indonesia and internationally. All of the Group's operations and assets, consisting primarily of 13 oil palm plantations and six palm oil mills, are located in Riau province, Sumatra, Indonesia.The Group’s business areas are:i) CultivationThe Group purchases most of its seed requirements from Dami Oil Palm Research Station (“DOPR”), a seed producer in Papua New Guinea. It operates an efficient best-practice fertilization system of its trees, using inorganic fertilizers as well as re-using by-products from our mills as fertilizer substitutes.ii) HarvestingThe Group harvests the fresh fruit bunches of the oil palm trees only when an appropriate quantity of fruit become detached from the fresh fruit bunches, indicating peak ripeness. The ripeness of fresh fruit bunches harvested is critical in maximizing the quality and quantity of palm oil extraction.iii) Crude palm oil and palm kernel processing The Group’s primarily produces crude palm oil and palm kernel at its 6 palm oil mills located adjacent to its plantations, allowing us to both reduce our transport costs and maintain the quality of our crude palm oil. It has an aggregate processing capacity of 345 tons of fresh fruit bunches per hour or approximately 2.07 million tons of fresh fruit bunches per year.The Group’s oil palm plantations has grown significantly since its started the operations in 1992. As of 30 June 2007, the Group has 80,526 hectares under cultivation and 72.2 percent of its cultivated land comprised mature oil palm trees. As of 31 July 31 2007, its owned a total landbank of 184,280 hectares.

IPO Performance

More Information Available

More information is available to our subscribers, including:

• Market Moving News from Dow Jones
• Fundamentals(PE, Dividend Yield, Market Cap, NAV, Stock Classification etc)
• Dividend/Distribution History
• Sector Comparison
• Financial Summary with Financial Period Comparison
• Comprehensive Financial Ratios(ROA, ROE, Price/Revenue, Net Earnings Margin, Current Ratio, Debt to Equity Ratio etc)
• Events Calendar for Results Announcements, Ex-Dates etc
• Insider Buying and Selling Report
• Historical Price Data, including VWAP(Volume Weighted Average Price
• Up To 5 Years of Annual Reports

If you are an existing subscriber, please login. If not, read up on what you are missing out in our Help Centre and join us as a subscriber.