Sime Darby Plantation (SIMEPLT) announced record crude palm oil (CPO) production of 4.5 million tonnes for FY2025, exceeding market expectations. This achievement is attributed to improved labor availability and favorable weather conditions, positioning the company for strong financial results in its upcoming earnings report.
Sime Darby Plantation (5285), one of the world's largest listed palm oil producers, announced today that its crude palm oil (CPO) production for the financial year 2025 reached 4.5 million tonnes, an 8% year-on-year increase, setting a new company record. This significant growth is primarily attributed to the easing of foreign labor shortages and favorable weather conditions across its Malaysian and Indonesian plantations. Analysts anticipate that the increased output will significantly boost the company's upcoming fourth-quarter and full-year results, potentially driving further upside in its share price.
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