First Resources Limited (FTROF)
First Resources Limited operates in the Agricultural Farm Products industry of the Consumer Defensive sector, headquartered in Singapore, CE, SG. The stock last traded at $2.26, up 0.00% on the session, giving a market capitalisation of $3.50B. On trailing twelve-month figures it carries a trailing P/E of 29.49, a net margin of 22.1%. Its beta of -0.01 implies it has historically moved less than the broad market.
First Resources Limited is an investment holding company deeply involved in the global palm oil sector, with operations spanning Singapore, Indonesia, Europe, China, and other international markets. The company's activities are organized into two primary divisions: Plantations and Palm Oil Mills, and Refinery and Processing. Its comprehensive operations encompass the cultivation and management of oil palms, the harvesting and milling of fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), and the subsequent transformation of CPO and PK into a diverse array of downstream palm-based products. These specialized products include biodiesel, palm kernel oil, palm kernel expeller, as well as refined, bleached, and deodorized (RBD) olein and RBD stearin. In addition to its core palm oil business, First Resources also maintains interests in rubber plantation activities. It oversees a significant land portfolio, managing 212,208 hectares of oil palm plantations and 6,321 hectares dedicated to rubber. Established in 1992 and headquartered in Singapore, First Resources Limited functions as a subsidiary of Eight Capital Inc.
First Resources Limited is most often compared with the following Consumer Defensive names: