IOI Corporation Bhd (IOI Corp) announced better-than-expected quarterly net profit, primarily driven by higher crude palm oil prices and strong performance from its plantation segment. The company's shares responded positively, climbing 2.5%. This robust financial result highlights the resilience of the palm oil sector.
IOI Corporation Bhd (IOI Corp) today announced its second-quarter (2Q FY2026) results for the period ended December 31, 2025, reporting a net profit of RM520 million, significantly exceeding market expectations. This robust performance was primarily attributed to higher crude palm oil (CPO) prices, coupled with increased production and effective cost management within its plantation segment. The company also noted that its downstream specialty fats business contributed stable earnings. Buoyed by this positive news, IOI Corp's shares rose 2.5% in Friday's trading, closing at RM4.10 with a significant increase in trading volume. Analysts generally expressed optimism regarding IOI Corp's results and maintained their 'Buy' ratings, believing that stable CPO prices and improved company efficiency would continue to support its future earnings growth. The company's dividend policy also attracted investors seeking stable returns.
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