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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