TH PLANTATIONS NET PROFIT IN FY2025 RISES TO RM107.49 MLN

KUALA LUMPUR, Feb 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit increased to RM107.49 million for the financial year ended Dec 31, 2025 (FY2025) from RM75.17 million in the preceding year.

In a Bursa Malaysia filing, the plantation arm of Lembaga Tabung Haji said the better performance was supported by stronger operating performance and enhanced margins, attributable to higher average selling prices.

It said the increasing profit also reflects stronger margins and disciplined cost management anchored on the group’s low-hanging-fruit strategy.

Its revenue rose to RM961.23 million compared with RM901.67 million in FY2024, driven by higher average realised prices across all products, namely crude palm oil (CPO), which increased 3.51 per cent, palm kernel (PK), which increased 29.20 per cent, and fresh fruit bunch (FFB), which increased 4.99 per cent.

For the fourth quarter (4Q) of FY2025, THP posted a higher net profit of RM35.56 million compared with RM30.18 million in the previous corresponding quarter. Revenue increased to RM302.52 million from RM294.35 million recorded in 4Q FY2024.

THP said the higher net profit in the quarter under review was primarily driven by improved operating margins arising from higher revenue, as well as the recognition of a RM20.79 million fair value gain on forestry during the quarter, while the higher 4Q FY2025 revenue was mainly attributable to higher sales volumes of CPO, PK and FFB.

Looking ahead, THP said it expects the group’s financial performance for FY2026 to remain resilient amid global economic uncertainties, labour dynamics, and price volatility.

“Palm oil prices are anticipated to remain firm in the near term, supported by steady demand and disciplined supply conditions, although competition from other vegetable oils and broader macroeconomic developments may influence market dynamics.

“The group will continue to prioritise yield enhancement programmes, cost optimisation initiatives, sustainability and environmental, social, and governance (ESG) compliance, and prudent capital management to sustain earnings quality, reinforce operational resilience and enhance long-term shareholder value,” it added.

The group has declared a final single-tier ordinary dividend of three sen per share for FY2025, payable on April 30, 2026.

-- BERNAMA