High palm oil price boosts MP Evans profit

High palm oil price boosts MP Evans profit

Oil palm plantations operator MP Evans (LON: MPE) continues its strong first half performance into the second half as a higher crude palm oil price and improved gross margins meant that profit jumped in 2024. The AIM-quoted company reported revenues increasing from $307.4m to $352.8m, while pre-tax profit jumped from $73.5m to $111.7m. The dividend […] The post High palm oil price boosts MP Evans profit appeared first on UK Investor Magazine.

3F Oil Palm Uses Drones to Improve Palm Plantation Yields in India

Pilot project in Andhra Pradesh surveys over 1,100 hectares to monitor tree health and estimate fruit production 3F Oil Palm Pvt Ltd has completed a major drone survey in Ayyavaram Village, West Godavari district, Andhra Pradesh. This pilot project marks a key step in using drone technology to support palm oil farmers across India. Over […] The post 3F Oil Palm Uses Drones to Improve Palm Plantation Yields in India appeared first on DRONELIFE.