22nd Jun 2011 11:36
Indonesian and Malaysian palm oil producer Anglo-Eastern Plantations issued a cautiously confident update at its annual general meeting on Wednesday, noting that crude oil palm oil prices at the end of May were more than a tenth lower than at their February high. The company said that fresh fruit b
Read more26th Apr 2011 12:11
Surging palm oil prices led to a sharp gain in 2010 revenue for Anglo-Eastern Plantations, which owns, operates and develops plantations in Indonesia and Malaysia. Revenue in 2010 rose 25% to $187.2m, due to a higher price for crude palm oil (CPO). The average CPO price for 2010 was $892 per metric
Read more18th Nov 2010 15:49
Palm oil producer Anglo-Eastern Plantations said extreme weather conditions have resulted in lower than expected yields so far this year. For the nine months ended 30 September 2010, the group's own production of fresh fruit bunches (FFB) and bought in FFB decreased by 5% and 4% respectively, in co
Read more9th Apr 2010 15:11
Shares in Anglo Eastern Plantations climbed after the Indonesian palm oil producer posted lower profits and revenues for 2009 but said a rally in crude palm oil (CPO) prices left it 'cautiously optimistic' for 2010. Pre-tax profits fell to £62.1m from £77.9m on revenues that dropped to $150.1m from
Read more10th Nov 2009 09:53
Shares in Pangea DiamondFields jumped after the firm, which mines for the gemstones in Angola, said a recent sale of 1,964 carats yielded an average price of $147.50 a carat. The price represents 82% of the company's target of $180, but is well ahead of the 70% it had budgeted. Printed products gr
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