KUALA LUMPUR: SD Guthrie Bhd’s net profit rose 18.1 per cent to RM935 million in the third quarter ended Sept 30, 2025 (Q3FY26) from RM766 million in Q3FY25 on the back of higher crude palm oil and palm kernel prices.
The group said upstream operations in Papua New Guinea, Solomon Island and Malaysia also contributed to the fresh fruit bunch (FBB) production.
Its revenue for the period rose three per cent to RM5.41 billion from RM5.27 billion in the same period last year.
For the cumulative nine-month period, SD Guthrie’s net profit expanded 44 per cent to RM2 billion from RM1.39 billion last year. Its revenue rose to RM15.4 billion from RM14.57 billion.
The group’s year-to-date performance was driven by sustained strong contributions from the upstream segment as its profit before interest and tax grew by 53 per cent year-on-year.
This was further complemented by promising contributions from the industrial development segment.
SD Guthrie International, the group’s downstream segment, recorded higher margins in its Asia Pacific bulk operations and enjoyed an increased demand of products in the Oceania region resulting in a pre-tax earnings of RM154 million in the quarter under review.
The industrial development posted gains in its share of profits from the sale of land to Eco Business Park 7 Sdn Bhd.
The gains further contributed to the segment’s RM432 million pre-tax profit.
SD Guthrie chairman Tan Sri Nik Norzrul Thani Nik Hassan Thani said the performance reflected the group’s effort in building the organisation.
“With its strong foundation, I am optimistic that SD Guthrie will sustain its momentum and deliver sustainable growth and long-term value to our stakeholders,” he said.
The group is optimistic in delivering a strong performance for the financial year 2025.
It said in the coming weeks, CPO prices will be supported positively by expectations of tighter supply as the industry enters a seasonally low output cycle.
“Despite palm oil’s narrowing price competitiveness against other vegetable oils, demand is expected to remain resilient, as Indonesia reaffirmed plans to launch its B50 biodiesel mandate.
“However, volatility in the vegetable oil market is likely to persist amid macroeconomic headwinds, policy and regulatory shifts, and global trade uncertainties. Building on the positive momentum from its new business verticals, the group is actively progressing several promising collaborations.
“These initiatives are set to further strengthen the group’s position in its adjacent Industrial development and renewable energy business, with a clear focus of unlocking value from its strategic landbank assets,” SD Guthrie said.
© New Straits Times Press (M) Bhd
