Hap Seng poised for earnings recovery


The group’s replanting is on track despite the input cost increase.

PETALING JAYA: Hap Seng Plantations Holdings Bhd is poised for earnings recovery in the second half of 2025, (2H25) supported by seasonally stronger fresh fruit bunch (FFB) output, firm crude palm oil (CPO) prices and better cost efficiency, says Phillip Capital Research.

However, rising fertiliser costs, elevated labour costs and regulatory risks will continue to pose structural headwinds, capping the group’s near term earnings visibility.

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