Anglo-Eastern Plantations Sees Rising CPO Prices Amid Production Dip

Anglo Eastern Plantations (GB:AEP) has released an update.

Anglo-Eastern Plantations reported a decline in production and FFB purchases for the first nine months of 2024, due to lower yields from aged trees and external crops. Despite this, the company benefited from rising crude palm oil prices, which increased by 6% compared to the previous year. Additionally, Anglo-Eastern Plantations completed the acquisition of minority interests in its Indonesian subsidiaries, consolidating its ownership.

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