The M.P. Evans Group board is maintaining the interim dividend at 12.5p per share.
Other financial highlights include:
2% increase in total crop processed to 721,100 tonnes (2022 - 705,700 tonnes)
3% increase in total production of crude palm oil to 166,200 tonnes (2022 - 160,800 tonnes)
27% decrease in mill-gate CPO price to US$755 per tonne (2022 US$1,035 per tonne)
7% increase in certified sustainable production to 96,500 tonnes (2022 90,500 tonnes)
26% increase in cost of Group palm product to US$535 per tonne (2022 US$425 per tonne)
62% decrease in operating profit to US$23.4 million (2022 US$61.7 million)
61% decrease in earnings per share to 24.8p (2022 - 63.3p)
Maintained net cash position - 2023 net cash US$2.5 million (2022 - US$13.5 million)
