United Plantations Berhad (2089) Q4 2025 earnings summary

Executive summary

• Achieved record after-tax profit of RM830 million in 2025, up 15% year-over-year, marking the highest in 120 years.

• Revenue rose 14% to RM2.51 billion, driven by higher production, firmer commodity prices, and downstream sales.

• Group achieved all-time high CPO yield of 6.58 MT/ha and record CPO production of 286,139 MT.

• Recognized with Company of the Year and highest ROE and shareholder returns over three years.

Financial highlights

• Profit before tax increased 18% to RM1.1 billion; EPS rose 15.7% to 133 sen.

• Dividend per share increased 9.7% to 125 sen, with a payout ratio of 94%.

• Total equity reached RM2.88 billion; cash position at RM428 million.

• No borrowings; net surplus of cash and bank balances over debt.

Outlook and guidance

• 2026 outlook cautious due to geopolitical risks, cost pressures, and potential softer palm oil prices.

• Focus remains on cost efficiency, yield improvement, and operational excellence.

• Group expects satisfactory performance despite uncertainties in demand, weather, and regulation.