Johor Plantations Group Bhd (JPG) recorded profit after tax (PAT) of RM101.6 million for the first half ended June 30, 2026 (1H26), as the board declared a second interim dividend of 1.1 sen per share for FY26.
Revenue for the six-month period rose 4.6% year-on-year to RM772.5 million.
For the second quarter, revenue climbed 16.6% quarter-on-quarter to RM415.8 million, supported by higher fresh fruit bunch (FFB) processing volumes and increased external crop contributions.
Internal FFB production increased 5.2% from the preceding quarter, while external FFB intake jumped 28.4%, lifting total FFB processed by 13%. JPG also benefitted from stronger commodity prices, with average selling prices for crude palm oil and palm kernel rising 9% and 10.1%, respectively.
Meanwhile, Phase 1 of JPG’s Integrated Sustainable Palm Oil Complex entered commissioning in the third quarter and remains on track to begin commercial operations by end-2026, supporting the group’s expansion into the downstream palm oil value chain.
