Sime Darby Plantation Bhd announced a Q4 net profit of RM450 million, surpassing market expectations. Boosted by this positive news, the company's shares climbed 2.1% today, reflecting investor confidence in its robust financial performance and outlook.
On February 5, 2026, Sime Darby Plantation Bhd announced robust fourth-quarter results, with a net profit reaching RM450 million, significantly surpassing analysts' consensus estimate of RM380 million. This better-than-expected performance was primarily attributed to stable crude palm oil (CPO) prices and improved production efficiency. Driven by this positive news, Sime Darby Plantation's share price rose 2.1% today, closing at RM4.35. The company's management expressed optimism for the fiscal year 2026 outlook, anticipating CPO prices to remain at healthy levels despite global economic challenges. Analysts have upgraded their earnings forecasts and target prices for the company, noting that its efforts in cost control and sustainable development are yielding results.
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