MP Evans Group saw "growth across the board" in 2022
March 27, 2023 at 03:06 am EDT
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MP Evans Group PLC (AIM:MPE) CEO Matthew Coulson speaks to Proactive's Thomas Warner after releasing final results for 2022 that he says showed "growth across the board."
Coulson reveals that the palm oil producer added its sixth mill during February 2023 and is now looking at setting up a seventh, after acquiring some more land.
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M.P. Evans Group PLC is a United Kingdom-based company, which is a producer of sustainable Indonesian palm oil. The Companyâs segments are distinguished by location and product: Indonesian oil-palm plantation products in Indonesia and Malaysian property development. The Companyâs plantations are spread across five Indonesian provinces: North Sumatra, South Sumatra, Aceh, Bangka-Belitung and East Kalimantan. It owns approximately 42,000 hectares of sustainable oil palm in Indonesia and manages 14,000 hectares on behalf of its scheme smallholders. It also owns six palm-oil mills. The Companyâs wholly owned subsidiaries include M.P. Evans & Co. Limited, Bertam Consolidated Rubber Company Limited, Sunrich Plantations Pte Ltd, Sungkai Holdings Limited, and others.