Photo by Pok Rie on Pexels.com
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.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
The government will approve data centre projects only with guaranteed energy and water supply, emphasizing…
Industry stakeholders support a proposed task force aimed at enhancing port enforcement to improve compliance,…
Four Malaysian companies received six approvals for ARM technology, enhancing local innovation and positioning in…
Malaysia faces a structural economic problem with a 57% illicit cigarette market share, primarily driven…
Four Malaysian companies received six approvals for ARM technology, enhancing local innovation and positioning in…
Four Malaysian companies received six approvals for ARM technology, enhancing local innovation and positioning in…
This website uses cookies.