First Resources

First Resources Limited is a palm oil producer with operations concentrated in Indonesia. Its integrated model spans oil palm cultivation, harvesting and processing of fresh fruit bunches into crude palm oil and palm kernel. The group sells palm-based products to customers in domestic and export markets, with demand linked to edible oils, consumer products, oleochemicals and biodiesel. Revenue is generated mainly from the sale of crude palm oil, palm kernel and related palm-based products. The business is exposed to commodity prices, crop yields, weather conditions, labour availability and sustainability requirements. First Resources was incorporated in Singapore and is listed on the SGX Mainboard.