FIRST RESOURCES
ANNUAL REPORT 2021
CONTENTS
01
Corporate Profile
14
Operational Review
02
Our Presence
16
Financial Review
04
Business Flow Chart
18
Board of Directors
06
Operational Highlights
22
Corporate Information
08
Financial Highlights
23
Corporate Governance
10
Message to ShareholdersFinancial Statements
44
143
Statistics of Shareholding
CORPORATE
PROFILE
Established in 1992 and listed on the Singapore Exchange since 2007, First Resources is one of the leading palm oil producers in the region, managing over 200,000 hectares of oil palm plantations across the Riau, East Kalimantan and
West Kalimantan provinces of Indonesia.
Our core business activities include cultivating oil palms, harvesting the fresh fruit bunches ("FFB") and milling them into crude palm oil ("CPO") and palm kernel ("PK"). In addition to plantations and palm oil mills, the Group through its refinery, fractionation, biodiesel and kernel crushing plants, processes its CPO and PK into higher value palm based products such as biodiesel, refined, bleached and deodorised ("RBD") olein, RBD stearin, palm kernel oil and palm kernel expeller. is enables the Group to extract maximum value out of our upstream plantation assets. Our products are sold to both local and international markets.
First Resources is committed to the production of sustainable palm oil.
Our sustainability strategy is centred upon maximising output while minimising adverse environmental and social impact from our operations.
We will constantly strengthen our sustainability framework through regular benchmarking against industry standards and best practices.
FIRST RESOURCES LIMITED
OUR PRESENCE
REFINING & BIODIESEL combined capacity of
850,000
tonnes per annumKERNEL CRUSHING combined capacity of
375,000
tonnes per annum
PEKANBARU
Regional Office
212,208 | 18 | 6,321 |
hectares of | Palm oil | hectares of |
oil palm plantations | mills | rubber plantations |
SINGAPORE
Corporate Office
JAKARTA
Corporate Office
Refinery & Processing Plant
Oil Palm PlantationOil Palm Plantation with Mill
Oil Palm Plantation with Mill & Kernel Crushing Plant
Rubber Plantation
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First Resources Limited published this content on 06 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 April 2022 23:21:02 UTC.