M. P. Evans Group Plc (MPE.L), a producer of Indonesian palm oil, Monday revealed higher profit in the first six months of 2025, helped by higher Crude Palm Oil and Palm Kernel prices. Revenue was up from last year and the company raised its interim dividend by 20 percent.
On the LSE, MPE.L is up 4 percent on Monday's trading at 1,340.00 pence.
The company posted profit attributable to owners of $48.65 million or 71.7 pence per basic share in the first half of the year, higher than $30.09 million or 44.9 pence per basic share in the same period last year.
During the six-month period, pre-tax profit climbed to $62.97 million from $40.25 million recorded in the year-ago period.
The company's half-yearly revenue came in at $179.44 million, higher than $163.74 million in the corresponding period of fiscal 2024. Operating profit for the first six months surged 50 percent to $62.2 million from $41.6 million in the prior-year period.
The company said that its Board is increasing the interim dividend by 20 percent to 18 pence per share from 15 pence per share last year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.