Johor Bahru: Johor Plantations Group Berhad’s (JPG) profit after tax (PAT) increased by 52% to RM75.27 million for the first quarter ended 31 March 2025 (1QFY2025), compared to RM49.53 million during the same period last year. This growth is attributed to higher crude palm oil (CPO) and palm kernel (PK) prices.
According to BERNAMA News Agency, the group’s quarterly revenue saw a rise of 15.4%, reaching RM340.43 million in 1QFY2025, up from RM294.91 million in 1QFY2024. Additionally, the earnings per share (EPS) for the quarter increased to 3.04 sen, compared to 2.45 sen a year ago.