Kuala lumpur: United Plantations Bhd’s net profit fell to RM203.28 million in the third quarter ended September 30, 2025, compared to RM215.03 million in the same period last year. The crude palm oil (CPO) and coconut producer announced these figures in a filing with Bursa Malaysia today.
According to BERNAMA News Agency, the company’s revenue, however, saw an increase, reaching RM677.08 million from RM547.67 million, driven by higher production and average selling prices of CPO and palm kernel (PK). Throughout the first nine months of the year, United Plantations reported a net profit of RM615.92 million, up from RM533.84 million in the corresponding period of the previous year, while revenue rose to RM1.83 billion from RM1.57 billion.
The company noted that the revenue from its plantations segment was higher by 18.3 percent compared to the same period last year, primarily due to increased production and selling prices of CPO and PK. Specifically, CPO and PK production rose by 12.3 percent and 16.5 percent, respectively, with average selling prices at RM4,315 per tonne and RM3,246 per tonne, reflecting increases of 5.8 percent and 40.5 percent.
Additionally, United Plantations reported that its refinery segment revenue increased by 12 percent to RM1.16 billion, up from RM1.03 billion, mainly due to higher average selling prices following the rise in CPO and PK prices.
Looking ahead, the company emphasized its focus on operational excellence and productivity improvements through mechanisation and the replanting of older areas with high-yielding materials. The management views maintaining high yields as critical to safeguarding competitiveness amidst rising costs.
The company stated that, based on current performance, a stable labor situation, and a commitment to achieving its budgeted crop, the board of directors expects satisfactory results for 2025. United Plantations has declared an interim dividend of 30 sen per share and a special dividend of 14 sen per share, both payable on December 8, 2025.