For the current quarter 2Q2026, United Plantation recorded revenue of RM641.8 million for the current quarter, representing a marginal increase of 0.2% from RM640.6 million in the preceding quarter. The increase was mainly attributable to higher revenue from the plantation segment, partially offset by lower revenue from the refinery segment.
Profit after tax for the current quarter amounted to RM195 million, a decrease of 22% compared with the preceding quarter of RM250 million.
For the first half, the group recorded revenue of RM1.2 billion for the current period, an increase of 10.9% from RM1.1 billion in the corresponding period. The growth in revenue was primarily driven by the refinery segment, supported by higher refinery sales volumes.
The Group reported a profit before tax of RM475.5 million for the current period, representing a decrease of 13.8% from RM551.5 million in the corresponding period. This was mainly attributable to weaker performances in both the plantation and refinery segments, particularly the refinery segment which recorded a significant decline of 83% in profit before tax.
Group net interest income was lower by 25.6% to RM7.6 million, compared with RM10.2 million in the corresponding period, mainly due to lower deposit balances during the current period
The Group’s interest income decreased by 14.5% compared with the preceding quarter, primarily due to lower deposit balances during the current quarter.
