United Plantations Bhd ( (UPBMF) ) has released its Q3 earnings. Here is a breakdown of the information United Plantations Bhd presented to its investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
United Plantations Berhad is a Malaysian company primarily engaged in the cultivation of oil palm and coconuts, with operations in the plantation and refining sectors. Known for its sustainable agricultural practices, it is a significant player in the edible oils industry.
In its third quarter report for 2025, United Plantations Berhad reported a notable increase in revenue, driven by higher production and selling prices of crude palm oil (CPO) and palm kernel (PK). Despite the revenue growth, the company faced challenges with increased operating expenses and a higher effective tax rate, impacting its profit margins.
The company achieved a 23.6% increase in quarterly revenue compared to the previous year, reaching RM677.1 million. However, profit after tax for the quarter decreased by 5.2% to RM204.5 million due to higher operating expenses and tax liabilities. The plantation segment saw a significant boost in production and selling prices, while the refinery segment faced challenges due to hedging losses and a stronger Malaysian Ringgit.
Looking forward, United Plantations Berhad remains focused on operational excellence and productivity improvements through mechanization and replanting strategies. The management anticipates a satisfactory performance for the remainder of 2025, despite potential challenges from market volatility and weather conditions affecting crop yields.