IOI Corporation Bhd (IOI Corp) reported a 15% year-on-year increase in net profit to RM350 million for its second quarter of FY2025, surpassing analyst expectations. The profit growth was primarily driven by higher crude palm oil (CPO) prices and robust performance from its downstream operations. This positive result bodes well for the company.
Plantation giant IOI Corporation Bhd (IOI Corp Bhd) today announced a 15% year-on-year increase in net profit for its second financial quarter ended December 31, 2025 (Q2 FY2025), reaching RM350 million, surpassing market consensus of RM310 million. The company's revenue also grew 8% to RM3.2 billion. This strong performance was primarily attributed to a higher average crude palm oil (CPO) realised price of RM4,050 per tonne during the reporting period, coupled with improved margins from its downstream specialty fats and oleochemicals businesses. IOI Corp stated that despite challenges from labour costs and fertiliser prices, its efficient operational management and strategic market positioning helped the company achieve robust growth. Looking ahead, the company expects palm oil prices to remain at healthy levels and will continue to invest in sustainability and efficiency improvements to navigate industry fluctuations.
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