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TEE Intl0.047+0.001
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SSE Comp 2,999.3 +13.6
Shanghai A 3,142.1 +14.3
Shanghai B 272.4 +0.8
PSE Comp 0.0
KOSPI 2,080.3 +9.6

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News - Detailed News Story

First Resources

Stock Chart
Last Done 1.600
Change -0.020 (-1.24%)
Volume 275
Range 1.580 - 1.610

First Resources Q2 profit slides 52.8% on weaker palm oil prices

14 Aug 2019 10:09

By Rachel Mui

WEAKER palm oil prices took a toll on First Resources' second-quarter earnings, as the palm oil producer on Wednesday posted a 52.8 per cent drop in net profit to US$17 million for the three months ended June 30, down from US$35.9 million for the year-ago period.


ShareInvestor subscribers have full access to this article. ShareInvestor subscriber, please login to read the 8 remaining paragraph(s). The full article is also available at The Business Times.

Source: Business Times Breaking News
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