JPG’s 3QFY2026 Net Profit Nearly Doubles QoQ on Stronger Crop Production

JOHOR BAHRU, Nov 13 (Bernama) -- Johor Plantations Group Berhad (“JPG” or “the Group”) announced its results for the third quarter ended 30 September 2026 (3QFY2026), recording profit after tax (PAT) of RM100.3 million, nearly double the RM51.3 million recorded in the preceding quarter. The 95.6% quarter-on-quarter (QoQ) increase was driven by higher internal fresh fruit bunch (FFB) production following a seasonal recovery, which further improved the profit margins, supported by favourable crude palm oil (CPO) average selling prices.

Operationally, internal FFB production rose by 35.6% QoQ to 292,352 metric tonnes (MT), while total FFB processed increased by 18.4% to 411,943 MT. The stronger crop output contributed to higher CPO and palm kernel (PK) delivery volumes, which increased by 6.2% and 15.7%, respectively.