JOHOR BAHRU, Aug 19 (Bernama) -- Johor Plantations Group Berhad (JPG or the Group) recorded revenue of RM415.8 million for the second quarter ended 30 June 2026 (2QFY2026), representing a 16.6% increase from the preceding quarter. The improvement was supported by higher fresh fruit bunch (FFB) processing volumes and increased external crop contribution.
Internal FFB production rose by 5.2% quarter-on-quarter, while external FFB intake increased by 28.4% as the Group optimised its available milling capacity following the seasonally softer first quarter. Total FFB processed was consequently 13.0% higher. The Group also benefited from favourable commodity prices, with average selling prices for crude palm oil (CPO) and palm kernel (PK) rising by 9.0% and 10.1% quarter-on-quarter, respectively.
For the six months ended 30 June 2026 (1HFY2026), the Group recorded revenue of RM772.5 million, representing growth of 4.6% compared with the corresponding period last year, while Profit After Tax (PAT) stood at RM101.6 million.
In line with the Group’s performance, the Board declared a second interim dividend of 1.10 sen per share for FY2026, reaffirming JPG’s commitment to delivering sustainable returns to shareholders.
JPG further widened its external certified crop-sourcing network through the Smallholder Inclusion Programme (SIP), which now brings together 390 RSPO-certified smallholders. The programme supports crop availability while advancing JPG’s long-term sustainable sourcing and social inclusion objectives, enabling greater participation by independent smallholders in the sustainable palm oil supply chain. It also enhances sourcing flexibility and mill utilisation, reinforcing JPG’s broader ecosystem approach to value creation.
The Group continues to focus on enhancing its upstream fundamentals through accelerated replanting, deployment of superior planting materials and ongoing estate improvement initiatives. These efforts are aimed at enhancing long-term crop resilience and supporting sustainable productivity growth over time.
“While crop production remains influenced by biological and seasonal factors, we continue to strengthen the foundations of the business through disciplined estate management, accelerated replanting, expansion of our external crop ecosystem and the ongoing development of Integrated Sustainable Palm Oil Complex (iSPOC). These initiatives reinforce our integrated value chain strategy and position JPG for sustainable long-term value creation,” said Mohd Faris Adli Shukery, Managing Director of JPG.
Phase 1 of iSPOC entered the commissioning phase in 3Q2026 and remains on track for commercial operations by year-end 2026, marking an important milestone in JPG’s downstream expansion and integrated growth strategy.
About Johor Plantations Group Berhad
Johor Plantations Group Berhad (JPG) is a Malaysian palm oil producer transforming into a nextgeneration integrated palm oil business. JPG is principally involved in the cultivation of oil palm and the production of crude palm oil (CPO) and palm kernels (PK). Its core operations focus on owning, managing, and harvesting fresh fruit bunches (FFB) from estates located primarily in the state of Johor. JPG’s subsidiaries support its upstream activities through the production of biomethane, sales of oil palm seedlings, trading of palm oil products, and the supply of agricultural machinery, plantation-related products, training, and safety services.
JPG was listed on the Main Market of Bursa Malaysia on 9 July 2024 with ultimate shareholding by Johor Corporation (JCorp). All of the Group's estates are fully certified under both the Roundtable on Sustainable Palm Oil (RSPO) and Malaysian Sustainable Palm Oil (MSPO) standards, and JPG is a constituent of the FTSE4Good Bursa Malaysia Index.
JPG's growth strategy is built on two pillars under its 10-year roadmap to 2033: Greenutrition, the production of sustainable oils and fats, and Greenergy, the generation of bioenergy from renewable and sustainable resources. Its flagship Integrated Sustainable Palm Oil Complex (iSPOC) Phase 1, which entered the commissioning phase in 3QFY2026, will advance a circular economy model powered entirely by renewable energy generated from palm oil mill by-products. Integrating a specialty oils and fats refinery, palm oil mill, palm kernel crushing plant, animal feed mill and bioenergy power plant, iSPOC will mark the Group's entry into the downstream value chain.
For more information, please visit www.johorplantations.com
SOURCE: Johor Plantations Group Berhad (JPG)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Alya Kausar Shaharudin
Head, Sustainability & Communications
Tel: 07-363 2000
Email: alya@johorplantations.com
Name: Hamidah Ghazali
Deputy Manager, Sustainability & Communications
Tel: 07-363 2000
Email: hamida@johorplantations.com
--BERNAMA
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