Anglo-Eastern Plantations Plc
(“AEP”, “Group” or “Company”)
Final results for year ended 31 December 2022
The group comprising Anglo-Eastern Plantations Plc (“AEP”) and its subsidiaries (the “Group”), is a major producer of palm oil and to a lesser extent rubber with plantations across Indonesia and Malaysia, amounting to approximately 128,000 hectares, has today released its results for the year ended 31 December 2022.
Financial Highlights
The Group key performance indicators (“KPI”) as required in accordance with the requirements of s414C, Companies Act 2006 are as follows:
| Continuing operations | 2022$m | 2021$m | Change% |
| Revenue | 447.6 | 433.4 | 3% |
| Profit before tax: | |||
| – before biological asset (“BA”) movement | 138.7 | 132.7 | 5% |
| – after BA movement | 132.9 | 137.1 | (3%) |
| Basic Earnings per ordinary share (“EPS”): | |||
| – before BA movement | 221.86cts | 235.25cts | (6%) |
| – after BA movement | 212.34cts | 242.34cts | (12%) |
| Dividend (cents) | 25.0cts | 5.0cts |