First Res grows half-year profit 57.40 percent: what it means for First Res stock

Published on 10/07/2026 at 02:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First Res stock reflects USD 234.90 million first-half profit and 57.40 percent growth. Results follow on November 13, 2026.

First Res, SG1W35938974, Illustration mit AI erstellt.

First Res (ISIN SG1W35938974) increased attributable profit by 57.40 percent to USD 234.90 million in the first half of 2026, giving the stock a strong earnings reference point. Ticker Report published the result details on August 18, 2026, while First Resources listed its 1H2026 results release on its investor-relations page dated August 14, 2026.

Profit growth reaches 57.40 percent

The earnings increase was paired with first-half 2026 revenue of USD 973.58 million, according to Ticker Report. Underlying net profit rose 42.20 percent in the same period, showing that the reported profit gain was not limited to a single accounting measure.

For investors, the comparison between the 57.40 percent increase in attributable profit and the 42.20 percent rise in underlying net profit is central. It points to stronger headline earnings alongside a material improvement in the underlying result during the first half of 2026.

Singapore listing stays tied to palm oil

First Resources operates plantations, palm oil mills, refineries and processing assets across its integrated agricultural business. The Singapore Exchange quote showed SGD 4.33 on October 6, 2026, against a 52-week range of SGD 1.67 to SGD 5.24 and a market capitalization of SGD 6.7 billion.

The range places the Singapore share price 17.37 percent below its 52-week high, calculated from SGD 4.33 and SGD 5.24. That market context matters because earnings remain linked to palm oil prices, production volumes and processing economics.

Third-quarter date sets the next marker

First Resources is scheduled to publish third-quarter 2026 results on November 13, 2026, according to MarketScreener. The upcoming report will show whether the first-half profit comparison remains supported by operating performance in the next reporting period.

Prior close stands at EUR 3.00

The prior close at Lang & Schwarz was EUR 3.00 on October 5, 2026. The Singapore-listed share had a market capitalization of SGD 6.7 billion on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of First Res stock.