First Resources Limited

EB5.SI : Singapore Exchange

1.410

+0.71%

Share Price in SGD. As of 17:04:23 SGT

First Resources Limited announced distribution per share (DPS) of S$0.04

29 Feb 2024 • Upcoming dividend

First Resources Limited (EB5.SI) Share Price

Chart

Key stats

  • 52-Week High
    SGD 1.610
  • 52-Week Low
    SGD 1.320
  • Market Cap
    SGD 2.2B
  • Avg Volume
    2.1M
  • P/E Ratio (TTM)
    10.85
  • Forward Dividend Yield
    4.43%

Consensus Share Price Target

Price Target: $1.622

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 22 Apr 2024

Share Price Performance

EB5.SI
Market
1 Day 0.71% 0.81%
5 Day 1.44% 2.56%
1 Month 5.22% 0.22%
6 Month -2.76% 5.33%
YTD -2.08% -0.15%
1 Year 1.44% 0.60%
5 Year -11.32% -2.90%
Include dividend return

Beansprout Insights

Latest News

Latest dividend

Dividend yield (TTM)
12.91%
Last payment
$0.037
Last ex-Date
08/05/2024

By SGX as of 22 Apr 2024

plant

See how much dividend you will receive in a year based on your investment amount

Company Description

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) Cultivation The 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) Harvesting The 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.

FAQ

Hot stocks that may interest you