Stock Track | First Resources Soars 3.67% Intraday on Strong Q1 Earnings and Positive Palm Oil Outlook

Stock Track

May 15

First Resources' stock soared 3.67% during intraday trading on Friday, driven by the company's strong first-quarter financial performance and a positive outlook for palm oil prices.

The Singapore-listed palm oil producer reported a 53.1% year-on-year increase in net profit to US$96.6 million for Q1 2026, with sales surging 70.4% to US$477.2 million. The company's production volumes showed significant growth, with fresh fruit bunches harvested increasing 20% and crude palm oil output jumping 34.5%.

Analysts note that First Resources' earnings could continue to benefit from higher crude palm oil prices, which have climbed since the Middle East conflict began. The commodity's wide discount to rival soybean oil is expected to continue supporting prices. DBS Group Research maintains its buy rating on the stock with a target price of S$5.00, citing the company's Indonesia operations as advantageous for procuring locally-produced fertilizer and avoiding expensive imports.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1197354827"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1197354827\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1197354827?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-15 16:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1197354827","market":"sg","top_or_hot":-1,"title":"Stock Track | First Resources Soars 3.67% Intraday on Strong Q1 Earnings and Positive Palm Oil Outlook","media":"Stock Track","content":"<p>First Resources' stock soared 3.67% during intraday trading on Friday, driven by the company's strong first-quarter financial performance and a positive outlook for palm oil prices.</p>\n<p>The Singapore-listed palm oil producer reported a 53.1% year-on-year increase in net profit to US$96.6 million for Q1 2026, with sales surging 70.4% to US$477.2 million. The company's production volumes showed significant growth, with fresh fruit bunches harvested increasing 20% and crude palm oil output jumping 34.5%.</p>\n<p>Analysts note that First Resources' earnings could continue to benefit from higher crude palm oil prices, which have climbed since the Middle East conflict began. The commodity's wide discount to rival soybean oil is expected to continue supporting prices. DBS Group Research maintains its buy rating on the stock with a target price of S$5.00, citing the company's Indonesia operations as advantageous for procuring locally-produced fertilizer and avoiding expensive imports.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | First Resources Soars 3.67% Intraday on Strong Q1 Earnings and Positive Palm Oil Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | First Resources Soars 3.67% Intraday on Strong Q1 Earnings and Positive Palm Oil Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-05-15 16:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>First Resources' stock soared 3.67% during intraday trading on Friday, driven by the company's strong first-quarter financial performance and a positive outlook for palm oil prices.</p>\n<p>The Singapore-listed palm oil producer reported a 53.1% year-on-year increase in net profit to US$96.6 million for Q1 2026, with sales surging 70.4% to US$477.2 million. The company's production volumes showed significant growth, with fresh fruit bunches harvested increasing 20% and crude palm oil output jumping 34.5%.</p>\n<p>Analysts note that First Resources' earnings could continue to benefit from higher crude palm oil prices, which have climbed since the Middle East conflict began. The commodity's wide discount to rival soybean oil is expected to continue supporting prices. DBS Group Research maintains its buy rating on the stock with a target price of S$5.00, citing the company's Indonesia operations as advantageous for procuring locally-produced fertilizer and avoiding expensive imports.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EB5.SI","symbol_name":"益资源","start_time":0,"source_url":"","article_id":"1197354827","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197354827","pubTimestamp":1778833844,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"First Resources' stock soared 3.67% during intraday trading on Friday, driven by the company's strong first-quarter financial performance and a positive outlook for palm oil prices. The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EB5.SI":"益资源"},"translate_title":"个股追踪|First Resources盘中大涨3.67%，Q1盈利强劲，棕榈油前景向好","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EB5.SI":1},"content_text":"First Resources' stock soared 3.67% during intraday trading on Friday, driven by the company's strong first-quarter financial performance and a positive outlook for palm oil prices.\nThe Singapore-listed palm oil producer reported a 53.1% year-on-year increase in net profit to US$96.6 million for Q1 2026, with sales surging 70.4% to US$477.2 million. The company's production volumes showed significant growth, with fresh fruit bunches harvested increasing 20% and crude palm oil output jumping 34.5%.\nAnalysts note that First Resources' earnings could continue to benefit from higher crude palm oil prices, which have climbed since the Middle East conflict began. The commodity's wide discount to rival soybean oil is expected to continue supporting prices. DBS Group Research maintains its buy rating on the stock with a target price of S$5.00, citing the company's Indonesia operations as advantageous for procuring locally-produced fertilizer and avoiding expensive imports.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}