Stock Track | First Resources Soars 9.55% Intraday on Robust Earnings and Enhanced Dividend Policy

Stock Track
Feb 27

First Resources Ltd (EB5.SI) saw its stock price surge 9.55% during Friday's intraday trading session.

The significant price movement follows the company's release of strong full-year and second-half 2025 financial results. For the fiscal year, the palm oil plantation company reported sales of USD 1.7 billion, a 59.9% year-over-year increase, with gross profit rising 56.1% to USD 695.7 million. Notably, attributable profit for the second half of 2025 jumped 44% to $204.7 million, while sales for the same period climbed 70% to $987.2 million, significantly exceeding analyst estimates.

Further bolstering investor sentiment, First Resources revised its dividend policy, committing to distribute up to 60% of its underlying net profit to shareholders going forward. The company also proposed a final dividend of 10.20 Singapore cents per share, a substantial increase from the 6.3 cents paid a year earlier, signaling a strong commitment to shareholder returns.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10