Anglo-Eastern Plantations Plc announced operating results for the three months ended March 31, 2024. For the first three months ended 31 March 2024, own production of fresh fruit bunches ("FFB") from operations was 232,000mt, a decrease of 5% compared to the same period in 2023 (3M23: 243,500mt). Lower production trends were experienced in all regions except for Bangka and Kalimantan.

FFB bought-in was also lower at 190,400mt (3M23: 204,700mt), a decrease of 7%. The drop in external crop purchases across all its mills, except for Blankahan mill in North Sumatera and Bina Pitri Mill in Riau, was due to lower crop trend induced by weather as well as intense competition for external crops. As a result, crude palm oil ("CPO") production was lower by 7% at 86,200mt compared to 92,600mt for the same period last year.