Global Palm Resources rated 'hold' by OCBC

Stock Name: Global Palm
Company Name: GLOBAL PALM RESOURCES HLGS LTD
Research House: OCBC

OCBC Investment Research in a Mar 4 research report says: "Global Palm Resources (GPR) reported its 4Q10 results recently, with revenue rising 19.6% y-o-y and 30.0% q-o-q to IDR94.5 billion, buoyed by higher crude palm oil (CPO) average selling prices and improved production yields.

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