SGX:EB5Food
First Resources (SGX:EB5) Valuation Check After Profit Jump And Below Net Asset Value Plantation Deal
First Resources (SGX:EB5) has drawn fresh attention after reporting a 44.3% year on year rise in second half net profit to S$204.7 million, alongside acquiring Indonesian planter PT Masuba Citra Mandiri below net asset value.
See our latest analysis for First Resources.
The recent earnings uplift, dividend announcement and below net asset value plantation acquisition have coincided with a 10.75% 1 month share price return and a 15.05% 3 month share price return, while the 1 year total...