Malaysia’s palm oil producer posts higher profit amid improved palm oil prices
Malaysia’s FGV Holdings posted a 58.46% year-on-year jump in Q2 2025 net profit to 136.88 million ringgit, with revenue up 4.96% to 5.79 billion ringgit. Gains stemmed from higher crude palm oil prices (4,218 vs 4,103 ringgit/ton). The firm expects stable prices, stronger output, and steady export demand but warns of geopolitical and trade risks.
KUALA LUMPUR, Aug. 27 (Xinhua) — Malaysia’s FGV Holdings, one of the world’s largest palm oil producers, has achieved higher profit in the second quarter of 2025, in line with improved palm oil prices.
The firm said in a statement that its net profit for the quarter jumped 58.46 percent year-on-year to 136.88 million ringgit (32.33 U.S. dollars) in the second quarter.
Its revenue for the quarter also improved by 4.96 percent year-on-year to 5.79 billion ringgit.
This was supported by a higher average crude palm oil (CPO) price of 4,218 ringgit per ton compared to 4,103 ringgit per ton in the same quarter last year.
As for the first half, the firm’s net profit surged more than two times year-on-year to 173.36 million ringgit. Its revenue for the period also rose to 10.83 billion ringgit.
Going forward, the firm expects CPO price to remain stable, supported by improved production from favorable weather and seasonally higher cropping cycles.
Export demand is expected to remain steady given CPO’s competitive pricing relative to other edible oils, it noted.
“Nevertheless, the outlook remains subject to volatility from geopolitical tensions, trade tariffs and policy changes,” said the firm.
It anticipates stronger fresh fruit bunch (FFB) production in the second half of the year and will continue to prioritize operational excellence, expanding value-added offerings, strengthening market presence, and enhancing both capacity and supply chain efficiency. (1 ringgit equals 0.24 U.S. dollar)
To Read more about Edible Oil News continue reading Agriinsite.com
Source : Malaysia Sun
