Sime Darby Plantation (SDP) announced better-than-expected quarterly earnings, primarily driven by higher crude palm oil prices and improved operational efficiency. The company's share price responded positively, gaining 2.3%.
Sime Darby Plantation Bhd (SDP) today announced strong fourth-quarter results, surpassing market expectations and driving its share price up by 2.3% to RM4.50. The company reported a net profit of RM420 million for the quarter ended December 31, 2025, an 18% increase from the previous year. This growth was primarily attributed to robust crude palm oil (CPO) prices and significant improvements in the group's operational efficiency. Management stated that despite ongoing global economic uncertainties, the company remains optimistic about the long-term demand for palm oil and will continue to focus on sustainability and cost control. Analysts generally lauded SDP's performance and have upgraded their earnings forecasts and target prices, citing its strong defensive and growth potential in the current commodity cycle.
Share: