May 7 (Reuters) - Far East Orchard Ltd FARE.SI:
OPERATING ENVIRONMENT REMAINS HIGHLY UNCERTAIN AMID ONGOING GEOPOLITICAL TENSIONS, INCLUDING DEVELOPMENTS IN MIDDLE EAST
IN NEAR TERM, FAR EAST ORCHARD IS NOT EXPECTED TO BE MATERIALLY IMPACTED BY RISING ENERGY COSTS
SIGNIFICANT PORTION OF GROUP'S ENERGY REQUIREMENTS FOR CURRENT YEAR IS SECURED UNDER FIXED‑RATE OR HEDGED CONTRACTS
SUSTAINED INCREASES IN ENERGY AND LABOUR COSTS WILL EXERT PRESSURE ON MARGINS
QTRLY PROFIT AFTER TAX WAS LOWER YEAR-ON-YEAR
Further company coverage: FARE.SI
((Reuters.Briefs@thomsonreuters.com;))