Agriculture Sector Records 3.1 Per Cent Growth In 2024, Driven By Palm Oil

PUTRAJAYA, Dec 26 (Bernama) -- The strong performance of palm oil continues to be the main driver of growth in the country’s agricultural sector, which expanded 3.1 per cent in 2024 compared with 0.2 per cent in the previous year, according to the Selected Agricultural Indicators 2025 report released today by the Department of Statistics Malaysia (DOSM).

Palm Oil Sector Holds Steady In 2025 As Golden Crop Spared From Debilitating US Tariffs

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s palm oil sector heaved a huge sigh of relief after it was exempted from the 19 per cent import tariff imposed

Hap Seng's 2Q Net Profit Slips To RM143.68 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.

FGV Holdings Posts Higher Net Profit Of RM137 Mln In 2Q 2025

KUALA LUMPUR, Aug 27 (Bernama) -- FGV Holdings Bhd posted a higher net profit of RM136.88 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM86.38 million in the same period a year ago. 

TH Plantations Net Profit Rises To RM11.79 Mln In Second Quarter

KUALA LUMPUR, Aug 25 (Bernama) -- TH Plantations Bhd’s (THP) net profit rose to RM11.79 million in the second quarter ended June 30, 2025 (2Q 2025) from RM10.41 million in the same period last year.

RM1.4 Bln Sought For Smallholder Oil Palm Replanting Under TSPKS 2.0 - Johari 

KUALA LUMPUR, Aug 21 (Bernama) -- An allocation of RM1.4 billion under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0), applied for by the Ministry of Plantation and Commodities (KPK) for five years, is targeted to cover oil palm replanting across 82,979 hectares (ha).

Rise In FFB Prices Among Main Reasons For Low Oil Palm Replanting Rate In 2024 - Johari

KUALA LUMPUR, Aug 5 (Bernama) -- The increase in the price of fresh fruit bunches (FFB) is one of the main contributing factors for the low replanting rate in 2024, said Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.

TH Plantations Posts Lower 1Q Net Profit Of RM12.85 Mln

KUALA LUMPUR, May 23 (Bernama) -- TH Plantations Bhd’s (THP) net profit slid to RM12.85 million in the first quarter ended March 31, 2025 (1Q 2025) from RM13.04 million in the same quarter last year.

RHB Investment Bank Maintains ‘Buy’ Call On SD Guthrie, Expects Improved Output

KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has reiterated its “Buy” recommendation for SD Guthrie Bhd, with expectations of improved output in the coming quarters, as the the plantation company enters the peak output season in the second half of 2025 (2H 2025).

Palm Oil Stock Level Likely To Increase Further This Month

KUALA LUMPUR, April 11 (Bernama) -- Palm oil stock level will likely rise further in April 2025 on the back of weak crude oil prices, an absence of festive-driven demand and natural cyclical patterns.

TH Plantations Net Profit Rises To RM75.18 Mln In FY2024, Declares 50 Pct Higher Dividend

KUALA LUMPUR, Feb 28 (Bernama) -- TH Plantations Bhd (THP) posted a higher net profit of RM75.18 million in the financial year ended Dec 31, 2024 (FY2024), versus RM46.62 million in the previous year, on the back of an increase in operating profit.

Johor Plantations Posts Higher Net Profit Of RM257.32 Mln For FY2024

KUALA LUMPUR, Feb 17 (Bernama) -- Johor Plantations Group Bhd (JPG) recorded a higher net profit of RM257.32 million for the financial year ended Dec 31, 2024 (FY2024), up from RM167.31 million a year ago.