REA Holdings says oil palm FFB to end-April 150,719 tonnes, ahead of budget (R.E.A.Hldgs)

Date : 05/27/2008 @ 12:09PM
Source : TFN
Stock : R.E.A.Hldgs (RE.)
Quote : 240.0  0.0 (0.00%) @ 8:29AM
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REA Holdings says oil palm FFB to end-April 150,719 tonnes, ahead of budget (R.E.A.Hldgs)

        LONDON (Thomson Financial) - R.E.A.Holdings Plc. said the crop of oil palm
fresh fruit bunches harvested to end April 2008 amounted to 150,719 tonnes
against a budget of 135,773 tonnes and a crop for the corresponding period of
2007 of 101,196 tonnes. 
    The company said it should not be assumed that the percentage level of
increase in crop sustained in the first four months of 2008 will be maintained
throughout the year.
    "Whilst the crop harvested to-date is encouraging, rainfall patterns
influencing the 2008 and prior year crops make it likely that the phasing of the
2008 crop will differ from that of the 2007 crop," the company said.
tf.TFN-Europe_newsdesk@thomsonreuters.com
tsm/rw

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