New Britain Palm Oil Limited (NBPO.L) announced its unaudited preliminary results for the year ended 31 December 2012. Profit before tax for the year plunged to US$4.39 million from US$59.40 million in the previous year. Profit before tax excluding the effects of revaluing biological assets under IAS 41 declined to US$81.64 million from US$275.54 million in the prior year.
Net profit attributable to ordinary shareholders declined to US$632 thousand from US$76.50 million in the prior year. Earnings per share decreased to US$0.004 from US$0.528 in the prior year.
Net profit attributable to ordinary shareholders before changes in fair value of biological asset was US$53.80 million down from US$204.60 million in the prior year. Basic earnings per share before changes in fair value of biological assets was US$0.360, down from US$1.408 last year.
Revenue for the year decreased 13.2% to US$677.0 million from US$780.1 million last year due to lower volumes and lower prices for palm oil.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.