Far East 1Q net profit rises 67% on higher palm oil prices, and FFB processing volumes
KUALA LUMPUR (May 30): Far East Holdings Bhd (KL:FAREAST) reported a 67% increase in net profit for the first quarter, supported by higher palm oil prices and improved fresh fruit bunches (FFB) processing volumes. The net profit for the three months ended March 31, 2025 (1QFY2025) rose to RM47.93 million from RM28.7 million a year…