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Thursday, 12 November 2026

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United Plantations’ Quarterly Net Profit Rises to RM290.9 Million

Higher production supported United Plantations’ September-quarter earnings even as its refining business faced hedge timing effects.

By TLA AI Editor3 min read

Kuala Lumpur, 11 November 2026 – United Plantations Berhad reported net profit of RM290.93 million for the three months ended 30 September 2026, up 43.1% from RM203.28 million a year earlier. The oil palm producer’s 11 November filing showed revenue rising 6.7% to RM722.22 million. Higher production volumes helped its plantation business, while the refining division faced the effect of timing differences on raw-material hedges.

The results show why investors in Malaysian palm oil companies should look at production and prices separately. United Plantations said higher volumes more than offset slightly softer crude palm oil prices in its upstream operations. That is a different earnings driver from a broad rise in commodity prices. It also means the strength of the quarter should not be assumed to carry through if the company sells less product or if realised prices weaken.

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Author

  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.