First Resources : Monthly Production Highlights - December 2016
January 26, 2017 at 10:30 am
Share
FIRST RESOURCES LIMITED
Monthly Production Highlights - December 2016
Production and Yields
12M2016
12M2015
Change
Dec 2016
Dec 2015
Change
Production
FFB harvested (tonnes)
2,661,554
2,804,606
(5.1%)
260,503
210,212
23.9%
Nucleus
2,367,767
2,530,357
(6.4%)
231,457
190,341
21.6%
Plasma
293,787
274,249
7.1%
29,046
19,871
46.2%
FFB purchased (tonnes)
253,148
291,093
(13.0%)
22,442
15,974
40.5%
CPO (tonnes)
634,941
687,248
(7.6%)
63,012
49,905
26.3%
PK (tonnes)
148,270
160,021
(7.3%)
15,334
11,938
28.4%
Efficiency
FFB Yield (tonnes/ha)
16.8
19.0
1.6
1.4
CPO Yield (tonnes/ha)
3.8
4.3
0.4
0.3
CPO Extraction Rate (%)
22.5
22.7
22.5
22.2
PK Extraction Rate (%)
5.3
5.3
-
5.5
5.3
Figures may not sum due to rounding.
41,345
40,918
45,675
48,398
39,072
39,957
39,994
CPO Production Trend
tonnes
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
2014 2015 2016
62,774
71,27474,752
67,770
63,012
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2015
46,501
44,178
54,541
52,179
52,224
54,388
57,158
77,526
75,804
68,168
54,226
49,905
2014
46,974
40,230
44,270
44,002
42,543
48,193
50,147
77,347
67,149
62,793
56,198
51,142
FFB: Fresh Fruit Bunches
CPO: Crude Palm Oil
PK: Palm Kernel
Nucleus: Plantations owned by the Group
Plasma: Plantations developed by the Group for the benefit of smallholders. The Group buys FFB from these plasma plantations at prices determined by the Indonesian government.
FFB purchased: FFB bought from third-party at market prices.
Yields: FFB Yield and CPO Yield are for the reported period and not annualised.
For more information on our Company, please visit www.first-resources.com or email us at investor@first-resources.com.
First Resources Limited published this content on 26 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 January 2017 10:30:02 UTC.
Original documenthttp://www.first-resources.com/upload/file/20170126/20170126101935_59377.pdf
Public permalinkhttp://www.publicnow.com/view/5EC7EAF741DF2FD782B27071A60B300A85A2CA72
First Resources Limited is a Singapore-based palm oil producer. The Company's business activities include cultivating oil palms, harvesting the fresh fruit bunches (FFB) and milling them into crude palm oil (CPO) and palm kernel (PK). The Company operates through two segments: Plantations and Palm Oil Mills and Refinery and Processing. The Plantations and palm oil mills segment is principally involved in the cultivation and maintenance of oil palm plantations and operation of palm oil mills. The Refinery and processing segment markets and sells processed palm-based products produced from the refinery, fractionation and biodiesel plants and other downstream processing facilities. The Companyâs plantations are strategically located in the Riau, East and West Kalimantan provinces of Indonesia. Its products are sold to both the domestic and international markets, supplying to palm oil refiners, traders, brokers and fast-moving consumer good companies.