JOHOR BAHRU, Nov 19 (Bernama) -- Johor Plantations Group Berhad (JPG) recorded another robust financial performance for the third quarter (3Q25) and the cumulative nine-month period (9M25) ended 30 September 2025, supported by higher sales volume and favourable selling prices for both crude palm oil (CPO) and palm kernel (PK).
Building on this momentum, JPG posted a 22.8% year-on-year (YoY) increase in revenue to RM496.2 million, up from RM404.1 million in the same quarter last year (3Q24). Net profit climbed 38.5% to RM105.8 million from RM76.4 million in 3Q24, supported by improved market demand and cost management.
Performance for the quarter was primarily supported by stronger contributions from the Group’s upstream segment:
• CPO revenue increased 20.8% from RM339.5 million to RM410.0 million, driven by higher prices and sales volumes; and
• PK revenue increased 36.0% from RM61.4 million to RM83.5 million, supported by stronger demand and higher sales tonnage.
For 9M25, the Group achieved 16.5% growth YoY in revenue to RM1.23 billion, driven by higher sales volumes and selling prices. Net profit rose 45.5% to RM256.4 million, compared to RM176.2 million in the previous year, supported by stronger performance across all sectors.
The Group also reported a 12.2% YoY increase in fresh fruit bunch (FFB) processing volume in the quarter, driven by higher outside crop purchases (OCP) and improved internal yields. The steady rise in OCP volumes highlights JPG’s successful engagement with independent smallholders, including both MSPO and RSPO-certified suppliers, reinforcing supply chain resilience, and supporting our balanced crop sourcing strategy. This aligns with the Group’s long-term goal of achieving a 50:50 ratio between internal and external crop supply, reinforcing supply stability, and operational resilience.
To propel its transformation and enhance strategic execution, JPG has instituted a more focused management structure through the creation of four key senior management roles, reinforcing the Group’s commitment to leadership excellence and organisational performance. Under this new structure, Mohamad Yami Bakar has been appointed as Chief Operations Plantation, Amran Zakaria as Chief People Officer, Wan Adlin Wan Mahmood as Chief Commercial Officer, and Muhammad Khairi Ramli as Chief Strategy Officer.
Commenting on the results, Managing Director Mohd Faris Adli Shukery said: “Our third-quarter performance underscores JPG’s solid fundamentals and steady progress in delivering our longterm strategy. The improvement across key segments, alongside the on-track development of its Integrated Sustainable Palm Oil Complex in Sedili, reflects the strength of our integrated model and readiness for the next phase of sustainable growth.
“Furthermore, stronger external crop contributions helped offset the slight dip in our first ninemonth production compared to last year. With improving yields, firm demand, and continued optimisation across our operations, we remain confident of delivering a stronger 2025,” he said.
In recognition of its strong results, JPG’s Board of Directors declared a single-tier interim dividend of 1.75 sen per share. Since JPG's listing in July 2024, this will be JPG's sixth consecutive quarterly dividend distribution, bringing total dividend payout to 9.25 sen.
About Johor Plantations Group Berhad Established in 1978, Johor Plantations Group Berhad (JPG) is a subsidiary of Kulim (Malaysia) Berhad, which is a wholly owned subsidiary of Johor Corporation (JCorp). JPG is principally involved in the cultivation of oil palm and the production of crude palm oil (CPO) and palm kernels. Its core operations focus on owning, managing, and harvesting fresh fruit bunches (FFB) from estates located primarily in the state of Johor. JPG’s subsidiaries support its upstream activities through the production of biomethane, sales of oil palm seedlings, trading of palm oil products, and the supply of agricultural machinery, plantation-related products, training, and safety services.JPG was listed on the Main Market of Bursa Malaysia Securities Berhad on 9 July 2024. All of JPG’s plantations are 100% certified under the Roundtable on Sustainable Palm Oil (RSPO) and the Malaysian Sustainable Palm Oil (MSPO) standards. The company is also developing Integrated Sustainable Palm Oil Complex (iSPOC), a centralised processing and logistics hub to improve operational efficiency, traceability, and future downstream readiness. JPG has outlined a ten-year strategic roadmap focused on optimising upstream performance, expanding third-party crop sourcing, and supporting longterm sustainable growth.
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www.johorplantations.com SOURCE: Johor Plantations Group Berhad (JPG)
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--BERNAMA