Feronia Inc. reported unaudited consolidated financial and operating results for the first quarter ended March 31, 2015. For the first quarter of 2015, the company's revenue increased 54% to $2.5 million against $1.6 million a year ago, including from the sale of: 2,917 tonnes of CPO at an average price of $777 per tonne against 1,813 tonnes at $798 per tonne a year ago. Net income was $4,369,348 or $0.08 per share against net loss of $4,759,541 or $0.09 per share a year ago.

For the first quarter of 2015, the company produced 18,613 tonnes of fruit against 15,405 tonnes a year ago, a year-over-year increase of 21%. Produced 3,599 tonnes of crude palm oil against 2,851 tonnes a year ago, a year-over-year increase of 26%.