IOI Corporation Berhad (IOICORP) today, February 5, announced robust earnings, with net profit growing 18% year-on-year. This was primarily driven by the recovery in palm oil prices and improved efficiency in its plantation segment. The company's stock price rose 2.5% following the announcement.
IOI Corporation Berhad (IOICORP) today, February 5, 2026, announced its second-quarter results for the period ended December 31, 2025, surpassing market expectations. The company reported an 18% year-on-year increase in net profit, reaching RM420 million, with revenue growing 12% to RM3.5 billion. This robust performance was primarily attributed to the sustained recovery in palm oil prices and enhanced operational efficiency across its plantation and specialty fats segments. IOI Corp stated that despite ongoing uncertainties in the global economic environment, it remains optimistic about the long-term outlook for the palm oil market. Following this positive news, IOI Corp's share price surged 2.5% in afternoon trading, closing at RM4.10, making it one of the best-performing blue-chip stocks on Bursa Malaysia today. Analysts anticipate that the plantation sector is poised to maintain its positive momentum in the coming quarters, supported by stable commodity prices.
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