JPG to benefit from higher palm oil prices

PETALING JAYA: Main-market bound Johor Plantations Group Bhd (JPG) is expected to see strong earnings growth this year on higher palm oil prices and fresh fruit bunch production and lower production costs.

However, the net integrated plantation company’s net profit will likely decrease in the financial year ending Dec 31, 2025 (FY25) due to lower palm oil prices and lower production volume growth amid its aggressive replanting programme, according to TA Research.