Due to lower palm oil prices.
First Resources today reported that its net profit plunged 27.2% to $234.8m (US$173.4m) in FY14, due mainly to the continued weakness of palm oil prices.
Sales declined 1.8% on-year to $848.2m (US$626.5m) despite increased sales volumes.
In line with lower average selling prices, EBITDA fell 11.6% to $405.8m (US$299.7m).
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