Dekel Agri-Vision PLC - agro-industrial company with projects in west Africa - Recent trend of higher prices and extraction rates offsetting lower crude palm oil volumes has continued in July. Sees a more profitable first half financial performance compared to last year. Crude palm oil production for July down 14% year-on-year at 1,764 tonnes, while sales declined by 49% to 1,819 tonnes. Average price per tonne up 4.5% at EUR502 from EUR480 the year before. Palm kernel oil production down 2.3% year-on-year to 172 tonnes, while sales fell by 31% to 137 tonnes. Average price per tonne up 22% to EUR595 from EUR489 the prior year.
Current stock price: 2.20 pence
Year-to-date change: down 40%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Dekel Agri (DKL)