Johor:Johor Plantations Group Berhad (JPG) reported a significant increase in net profit for the third quarter ending 30 September 2026, with profit after tax rising to RM100.3 million. This marks a 95.6% increase from the RM51.3 million recorded in the previous quarter.
According to BERNAMA News Agency, the substantial rise in profit was attributed to a seasonal recovery that boosted internal fresh fruit bunch (FFB) production, leading to improved profit margins. This increase was further supported by favorable crude palm oil (CPO) average selling prices.
Operationally, JPG saw a 35.6% quarter-on-quarter increase in internal FFB production, totaling 292,352 metric tonnes. The total FFB processed also rose by 18.4% to reach 411,943 metric tonnes. This boost in crop output led to higher delivery volumes of CPO and palm kernel (PK), which increased by 6.2% and 15.7%, respectively.