Anglo-Eastern Plantations Plc reports 3% improvement in own production of fresh fruit bunches for Q1FY20

Anglo-Eastern Plantations Plc (LON: AEP) has released its trading statement for the first quarter ended 31 March 2020.

  • In the reported quarter, the company’s own production of fresh fruit bunches improved by 3 per cent to 246,600mt, as compared to the same period in 2019 of 238,900mt).
  • The company also reported that crop production in Bengkulu estates recovered as rainfall normalised. Fresh fruit bunches bought-in was however lower by 7 per cent at 183,200mt as compared to 196,400mt in 3M19.
  • The CPO (Crude Palm Oil) produced for the period was 88,600mt, slightly improved as compared to 88,100mt 3M19.