UIE's Annual Report 2020
On Monday 1 March 2021, UIE Plc. ("UIE") announced its Annual Report 2020. UIE’s net result was USD 114.1 million in 2020 compared to USD 67.6 million in 2019, reflecting a strong operating performance and record-high result from UP as well as a significant fair value increase of the Schörling investment. Business Reporting Highlights 2020: UP ·UIE’s share of UP’s result amounted to USD 46.2 million; an increase of 41% due to higher production as well as higher selling prices of CPO and PK Schörling ·The fair value of UIE’s investment in Schörling increased by USD