HLIB Research said it has nudged the group’s FY25-FY26 core net profit forecasts by 0.5% and minus 0.8%.
PETALING JAYA: Analysts expect Johor Plantations Group Bhd
’s earnings in the upcoming quarters to normalise in anticipation of the lower crude palm oil (CPO) prices ahead.
The planter posted a core net profit of RM70.5mil for the first quarter of financial year 2025 (1Q25), down 24% quarter-on-quarter (q-o-q), but up 53% year-on-year (y-o-y).
