SGX:EB5Food
First Resources (SGX:EB5) Is Up 6.8% After Strong H1 Earnings And Dividend Hike Has The Bull Case Changed?
First Resources reported half-year 2026 results with sales rising to US$973.58 million from US$673.87 million and net income reaching US$234.93 million from US$149.24 million, alongside declaring an interim dividend of S$0.08 per share to be paid on September 10.
The strong uplift in profit was underpinned by higher production volumes and improved processing margins, pointing to meaningful operational efficiency gains across the business.
We will now examine how the jump in net profit and...