SARAWAK OIL PALMS NET PROFIT SLIPS TO RM110.95 MLN IN THIRD QUARTER

KUALA LUMPUR, Nov 25 (Bernama) -- Sarawak Oil Palms Bhd's (SOPB) net profit for the third quarter (3Q) ended Sept 30, 2025, slipped to RM110.95 million from RM121.80 million in the same period last year.

The losses in operating expenses of RM11.85 million during the quarter under review, compared with a profit of RM26.40 million in the same quarter last year, weighed on the profit, the company said in a stock exchange filing.

Its revenue also decreased to RM1.34 billion from RM1.38 billion previously.

For the nine months, SOPB reported a higher net profit of RM316.63 million from RM306.95 million in the same period last year, while revenue rose to RM4.08 billion from RM3.85 billion previously due to the higher realised selling prices during the quarter.

The group said its prospects would continue to be driven by the cyclical fresh fruit bunch (FFB) production, global edible oil price movement, and the supply chain impact on fertilisers, chemicals and fuel prices, which affect production costs.

"The group is taking effective steps to improve its production through better efficient management, including cost control and replanting programmes. Notwithstanding this, industry will continue to face challenges in view of global economic conditions and volatile commodity prices," it said.

--BERNAMA