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  2. Share Prices
  3. M P Evans Share Price
  4. M P Evans Share News
  5. MP Evans Annual Palm Oil Output In Indonesia Rises By Over 20%

Pin to quick picksM P Evans Share News (MPE)

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Share Price Information for M P Evans (MPE)

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Share Price: 856.00
Bid: 832.00
Ask: 848.00
Change: 16.00 (1.90%)
Spread: 16.00 (1.923%)
Open: 856.00
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Prev. Close: 840.00
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MP Evans Annual Palm Oil Output In Indonesia Rises By Over 20%

Thu, 09th Jan 2020 10:57

(Alliance News) - Indonesia-focused palm oil producer MP Evans Group PLC said Thursday 2019 crop and production both rose from the year before.

For 2019, MP Evans generated a crop of fresh fruit bunches of 1.0 million tonnes, up 21% from 829,100 tonnes the prior year. This was helped by a 16% rise in the company's own crop to 663,300 tonnes.

Overall, crude palm oil production rose by 20% to 231,000 tonnes. Palm kernel production grew by 22% year-on-year to 53,000 tonnes.

Shares in MP Evans, which is based in Kent, were down 0.4% at 708.0 pence on Thursday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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6 Mar 2023 10:47

MP Evans touts USD14.3 million planted land acquisition in Indonesia

(Alliance News) - MP Evans Group PLC on Monday said that it has bought additional planted land for USD14.3 million near its Simpang Kiri estate in Indonesia.

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6 Mar 2023 08:50

MP Evans acquires land adjacent to Simpang Kiri estate

(Sharecast News) - Palm oil producer MP Evans has acquired additional planted land in Indonesia, adjacent to its Simpang Kiri estate in Aceh Province, Northern Sumatra.

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16 Feb 2023 15:31

MP Evans commissions sixth palm oil mill

(Sharecast News) - Palm oil producer MP Evans announced on Thursday that its sixth palm oil mill has been commissioned at the Musi Rawas estate in South Sumatra.

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16 Feb 2023 09:43

MP Evans commissions sixth Musi Rawas mill in South Sumatra

(Alliance News) - MP Evans Group PLC on Thursday said its sixth palm-oil mill has now been commissioned at its Musi Rawas estate in South Sumatra.

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17 Jan 2023 15:12

Director dealings: MP Evans CEO makes share sale

(Sharecast News) - MP Evans revealed on Tuesday that chief executive Matthew Coulson had sold 2,557 ordinary shares in the AIM-listed palm oil producer.

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16 Jan 2023 15:26

MP Evans upbeat on further production growth

(Sharecast News) - Indonesian palm oil producer MP Evans said in an update on Monday that crop and production increased again in 2022, as its oil palm estates continued to mature and yields rose.

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16 Jan 2023 12:52

MP Evans says 2022 production up again; predicts further growth

(Alliance News) - MP Evans Group PLC on Monday said 2022 crop and production tonnes were up again, while it predicted further growth is still to come.

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19 Dec 2022 11:49

MP Evans extends and expands share buyback programme

(Sharecast News) - MP Evans announced its decision to extend its share buyback programme on Monday, which was due to expire on 31 December.

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12 Sep 2022 11:51

MP Evans hikes dividend amid high palm oil prices

(Sharecast News) - Indonesian palm oil producer MP Evans reported a 4% increase in group crop in its first half on Monday, to 430,400 tonnes, while it maintained total crude palm oil production at 160,800 tonnes, compared to 161,400 tonnes a year ago.

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12 Sep 2022 10:57

IN BRIEF: MP Evans achieves record interim profit; ups dividend

MP Evans Group PLC - producer of Indonesian palm oil - Posts a pretax profit of USD61.2 million for the six months to June 30, up 53% from USD40.1 million a year earlier, as revenue increases by 33% to USD170.3 million from USD128.0 million. Says there is a 4.2% rise in crop production to 430,400 tonnes from 413,200 tonnes a year ago. Ups interim dividend per share to 12.5 pence, representing a 25% increase from 10.0p a year prior.

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IN BRIEF: MP Evans notes Indonesian government ups export levy

MP Evans Group PLC - producer of Indonesian palm oil - Notes Indonesian government lowers palm oil export tax threshold to USD680 per tonne, down from USD750 previously, and notes tax bands being increased to USD74 per tonne from USD50.

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