Browsing Tag
Kota Bangun
3 posts
M. P. Evans shares jump 8% as record $61m H1 profit strengthens the Kota Bangun growth case
M. P. Evans Group delivered a record US$61 million first-half profit attributable to shareholders, lifted its interim dividend 39% and ended June with US$113.5 million of cash, strengthening the financing case for further Indonesian plantation expansion.
Why M. P. Evans shares climbed after a modest $2m plantation acquisition
M. P. Evans Group has acquired planted land and secured rights over an adjacent Indonesian area that could expand Kota Bangun by more than 3,000 planted hectares, with longer-term investment estimated at $20 million to $25 million.
M.P. Evans stock rises as MPE investors weigh palm oil output growth and record dividend
Find out how M.P. Evans’ stronger palm oil output, record dividend and buybacks are reshaping MPE stock and Indonesian agriculture exposure.