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WTK Plantation Expansion Drives Record Quarterly Earnings

By TLA AI Editor3 min read

Kuala Lumpur, 27 August 2026 – W T K Holdings Berhad delivered its strongest quarterly earnings in years as newly acquired plantation assets, higher crude palm oil prices and a one-off acquisition gain transformed the Sarawak group’s second-quarter performance.

Revenue for the three months ended 30 June rose 41.3% year on year to RM195.2 million, the highest quarterly level since late 2018. Net profit increased 247.1% to RM60.5 million from RM17.4 million, although the result included a RM43.2 million bargain-purchase gain from plantation acquisitions completed in April.

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  • 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.