Société Internationale de Plantations et de Finance reported consolidated earnings results for the year ended December 31, 2017. For the year, revenue was USD 321,641,000 against USD 266,962,000 a year ago. Operating result was USD 90,261,000 against USD 47,479,000 a year ago. Profit before tax was USD 89,942,000 against USD 46,026,000 a year ago. Profit after tax was USD 65,897,000 against USD 33,642,000 a year ago. Result from continuing operations share of the group was USD 64,481,000 against USD 39,874,000 a year ago. Profit for the period share of the group was USD 139,663,000 against USD 39,874,000 a year ago. Cash flow from operating activities after tax was USD 119,853,000 against USD 51,218,000 a year ago. Acquisitions intangible and tangible assets was USD 59,625,000 against USD 41,095,000 a year ago. Diluted net earnings were USD 14.19 against USD 4.50 a year ago.

For the quarter, the company reported palm oil production of 72,020 tonnes against 70,605 tonnes a year ago. Rubber production was 2,058 tonnes against 2,102 tonnes a year ago. Tea production was 655 tonnes against 679 tonnes a year ago. Bananas production was 7,657 tonnes against 6,272 tonnes a year ago.

For the year, the company reported palm oil production of 330,958 tonnes against 297,705 tonnes a year ago. Rubber production was 8,179 tonnes against 9,192 tonnes a year ago. Tea production was 2,402 tonnes against 2,940 tonnes a year ago. Bananas production was 29,772 tonnes against 24,991 tonnes a year ago.

Everything would therefore suggest that the company will maintain the expected 9% total rise in annual palm oil production for the SIPEF group.