M.P. Evans Group PLC' Matthew Coulson talks to Proactive London about reporting a rise in 2021 pretax profit on increased revenue.
The company is the owner of palm-oil estates in Indonesia and announced that pretax profit was $112.5 million compared with a profit of $28.4 million for 2020. With net profit at $86.4 million compared with a net profit of $20.4 million the year prior.
Revenue rose to $276.6 million from $174.5 million the year before. The company said crops and production increased throughout the year and were supported by strong palm-oil prices.