MP Evans buys out minority holders of Indonesian palm plantations
(Alliance News) - MP Evans Group PLC on Monday said the company progressed plans to acquire sole ownership of its palm producing estates.
Read moreMon, 19th Jul 2021 09:20
(Alliance News) - MP Evans Group PLC on Monday said the company progressed plans to acquire sole ownership of its palm producing estates.
Read more(Sharecast News) - Palm oil producer MP Evans has purchased a 5% minority holding in the majority of its Indonesian subsidiary trading companies.
Read more(Alliance News) - Stocks in London are set to open higher on Monday, ahead of a data-heavy week, kicked off by a slew of manufacturing purchasing managers' index readings.
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(Sharecast News) - Sustainable palm oil producer MP Evans described a challenging market environment in its final results for 2023 on Tuesday, primarily due to a lower crude palm oil (CPO) price environment compared to the exceptionally high prices seen in 2022.
Read more(Alliance News) - MP Evans Group PLC on Tuesday reported a drop in its annual earnings, pointing to reduced crude oil prices, but said it had extended its buybacks after increasing its annual crop production.
Read moreWednesday 13 March | |
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(Sharecast News) - Indonesian palm oil producer MP Evans Group reported growth in its crop and production figures for 2023 on Friday, with a 2% rise in its own crops of fresh fruit bunches to 922,900 tonnes.
Read more(Alliance News) - MP Evans Group PLC on Friday celebrated annual output growth and said it has resumed its share buyback programme.
Read more(Sharecast News) - Indonesian palm oil producer MP Evans announced the completed acquisition of two Indonesian companies, PT Agro Bumi Kaltim (ABK) and PT Nusantara Agro Sentosa (NAS), on Monday.
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MP Evans Group PLC - producer of palm oil in Indonesia - Pretax profit drops by nearly two thirds to USD22.3 million in the six months that ended June 30 from USD61.2 million a year before. Revenue declines by 21% to USD134.5 million from USD170.3 million, and cost of sales rises to USD111.3 million from USD105.5 million. Production of crude palm oil increases by 3.4% to 166,200 tonnes from 160,800 tonnes a year before, but the mill-gate CPO price falls by 27% to USD755 per tonne from USD1,035.
Read more(Sharecast News) - Indonesia-focussed palm oil producer MP Evans announced its unaudited interim results on Monday, reporting a 2% rise in the total crop processed, amounting to 721,100 tonnes.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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