Oil palm plantations operator Dekel Agri-Vision (LON: DKL) generated record figures in 2021 and this year it will have the benefit of the new cashew plant.
The Ivory Coast-based company is estimated to have increased full year revenues from €22.5m to €37m and made a small pre-tax profit.
December crude palm oil production more than doubled and the total production for the year was 39,953 tonnes, up 17.5% on the previous year. Extraction rates are starting to improve. The average crude palm oil price was $868/tonne, which is 44% higher than in 2021.
The peak oil palm season is between...