Kuala lumpur: FGV Holdings Bhd posted a higher net profit of RM136.88 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM86.38 million in the same period a year ago. In a filing with Bursa Malaysia, it said the revenue increased to RM5.79 billion during the quarter, compared to RM5.52 billion previously.
According to BERNAMA News Agency, the group's revenue grew by 5.0 percent, supported by a higher average crude palm oil price realized at RM4,218 per tonne during the quarter, compared to RM4,103 per tonne in the same quarter last year. However, contributions from certain downstream businesses were softer, particularly in the oils and fats division.
For the first six months ended June 30, 2025, FGV Holdings posted a higher net profit of RM173.36 million from RM72.89 million in the same period last year, while revenue improved to RM10.83 billion from RM10.06 billion previously. On prospects, the group anticipates stronger fresh fruit bunches production in the second half of the year, while prioritizing operational excellence, expanding value-added offerings, strengthening market presence, and enhancing both capacity and supply chain efficiency.
The company will be officially delisted from the Main Market of Bursa Malaysia starting August 28, 2025, marking a strategic move to enable greater agility and closer alignment with the Federal Land Development Authority (FELDA). FGV Holdings group chief executive officer Fakhrunniam Othman said the company will focus on productivity, growth, and people as it enters a new chapter.
Othman emphasized that productivity involves fulfilling 2025 commitments through operational excellence and strong agricultural practices. Growth will be driven by product diversification, market development, circular economy, strategic collaborations, digitalization, and its energy transition journey. He added that people remain at the heart of FGV with unity of purpose, shared alignment, and a culture of resilience defining their success. Together with FELDA, FGV is committed to building on its legacy and delivering long-term value for stakeholders.