🟢 First Resources is trading 4.21% up today after underlying net profit rose 42.2%

First Resources is trading 4.21% higher at SGD 4.46 after sustained investor reaction to its strong 1H2026 results.

• Underlying net profit rose 42.2% to US$216.2 million, while reported net profit increased 57.4%; higher palm-product prices and sales volumes supported the improvement.
• UOB Kay Hian raised its 2026–28 profit forecasts by 7–13% and target price to S$4.57 from S$3.65, maintaining BUY. The stock gained 5.35% on August 19 and 7.63% on August 14.