IOI Corp announced its latest quarterly results, reporting a 15% year-on-year increase in net profit. This strong performance was primarily driven by higher crude palm oil (CPO) prices and robust contributions from its downstream operations, exceeding market expectations.
On February 5, 2026, plantation giant IOI Corp Bhd announced its second-quarter results for the period ended December 31, 2025, reporting a 15% year-on-year increase in net profit to RM385 million, surpassing market expectations. Revenue also grew by 8% to RM3.21 billion. The company attributed the earnings growth primarily to higher crude palm oil (CPO) prices and strong performance from its downstream specialty oils and fats business. Despite some increases in production costs, improved efficiency and favorable market conditions offset some of the pressure. IOI Corp management expressed optimism for the future, expecting CPO prices to remain stable and to continue expanding its market share in high-value-added products, driven by sustainable practices. This positive earnings report boosted investor confidence in the plantation sector.
Share: