IOI Corporation (IOICORP) announced a 15% increase in its latest quarterly net profit, reaching RM350 million, surpassing market expectations. The strong performance was primarily driven by sustained high palm oil prices and robust downstream operations. Its share price rose 1.0% today.
Palm oil giant IOI Corporation (IOICORP) today released its latest quarterly financial results for the period ended December 31, 2025, reporting a net profit of RM350 million, a 15% increase year-on-year, surpassing analysts' consensus estimates. The company's revenue also grew by 8% to RM3.2 billion. This strong performance was primarily driven by sustained high international palm oil prices and robust performance from its downstream refining and specialty fats businesses. IOI Corp stated that despite challenges from rising labor costs and climate change, the company successfully maintained profitability through optimized operational efficiency and product portfolio. Following this positive news, IOI Corp's share price rose 1.0% today, closing at RM4.15. Analysts expect IOI Corp to continue its strong performance in the coming quarters, supported by stable global edible oil demand.
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