The Board of Directors of Global Palm Resources Holdings Limited announced that, a preliminary review of the unaudited financial results of the company for the first quarter ended 31 March 2014, the Company is expected to report a net profit after tax which will be substantially higher than that for the same period last year. The higher net profit after tax is primarily attributable to the increase price of CPO and the depreciation of the Indonesian Rupiah (IDR) against US Dollars (USD).