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Sime Darby Plantation Bhd posted a solid performance for the first nine months of FY25, with core net profit rising to RM1.51 billion—within expectations and supported by strong downstream operations. Revenue grew 2.7% year-on-year, while downstream earnings climbed 18.5%, offsetting weaker upstream contributions due to adverse weather in Indonesia.
The group expects softer results in the final quarter as wet conditions curb fresh fruit bunch (FFB) production. Management maintained its full-year land sale target of RM500 million and raised FY26 earnings forecasts, supported by higher CPO price assumptions and steady industrial land gains.
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