<div id="readability-page-1"><div><p>[SINGAPORE] Shares of First Resources soared as much as 8.8 per cent on Monday (Nov 17) after it reported a strong third quarter profit increase.</p><p>Its counter climbed to S$2.23 as at 10.41 am, before paring some gains to be at S$2.22, or 7.3 per cent up, as at the midday trading break. Shares of First Resources closed at S$2.05 on Friday.</p><p>The palm oil producer posted a 43.5 per cent increase in net profit for the third quarter on Friday. The US$87.5 million figure eclipsed the US$61 million in the third quarter of 2024, which was attributed to higher average selling prices and sales volumes.</p><p>First Resources’ positive share price move comes as the group tempered expectations of palm oil production growth. It said that the potential expansion of Indonesia’s biodiesel mandate may tighten the supply-demand outlook and lend support to palm oil prices.</p><p>This may occur even as US tariff developments and broader macroeconomic conditions continue to influence market prices of palm and other vegetable oils, the company said.</p></div></div>

益资源

<p>益资源的股票在周一上涨了 8.8%，因其报告第三季度净利润增长 43.5%，达到 8750 万美元，这得益于销售价格和销售量的提高。该股在达到 2.23 新元后收于 2.22 新元，午间上涨 7.3%。公司指出，尽管美国关税和宏观经济因素，印度尼西亚生物柴油强制令的扩展可能会对棕榈油价格提供支持</p>

益资源的股价因第三季度利润大幅增长而上涨了 8.8%