Foresight Sustainable Forestry Company PLC GBP (GB:FSF) has released an update.
Foresight Sustainable Forestry Company Plc has reported a profitable half-year with a £6.6 million gain, a notable turnaround from a £11.3 million loss in the previous period. The company’s Net Asset Value has climbed to £175.8 million, driven by successful revaluation of properties and the recognition of carbon credits from planting approximately 2.9 million trees. Additionally, FSF has outlined ambitious plans for further afforestation, aiming to plant around 9.4 million trees by spring 2025, as part of their commitment to environmental sustainability and carbon sequestration efforts.
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