MKH Oil Palm posts record FY25 net profit

MKH Oil Palm (East Kalimantan) Bhd chairman Tan Sri Alex Chen Kooi Chiew @ Cheng Ngi Chong (second on right) being conferred the award of ‘The World Green and Sustainability Icon Leadership Lifetime Achievement Award’ in conjunction with the ‘Global Chinese Economic & Technology Summit 2025 Global Leadership & Partnership in the Age of Digital Green Transformation’ in Wisma MCA, Kuala Lumpur. Looking on from left: Global Chinese Economic & Technology Summit, Malaysia organising chairman Tan Sri Michael Yeoh, MCA president Datuk Seri Ir. Dr. Wee Ka Siong, Yang Dipertua Negeri of Sabah, Tun Musa Aman, and Global Chinese Economic & Technology Summit, Malaysia co-founder and patron Tan Sri Lee Kim Yew.

PETALING JAYA: MKH Oil Palm (East Kalimantan) Bhd’s (MKHOP) outlook for the financial year ending Sept 30, 2026 (FY26) remains well supported by strong demand for crude palm oil (CPO).

The upstream oil palm plantation company based in East Kalimantan, Indonesia, said CPO prices have been trading at around RM3,350 to RM3,550 per tonne (net of export levy and duty).

In FY25, MKHOP posted a record-high full-year profit, with net earnings rising 29% to RM82.8mil, or earnings per share of 8.15 sen from RM64.2mil in FY24, while revenue grew 3.1% to RM363.2mil.

The improved results were supported by higher average selling prices for CPO and palm kernel, as well as the commencement of crude palm kernel oil sales in February.

MKHOP’s board also approved a second interim single-tier dividend of two sen per share for FY25. The dividend will be paid on Dec 30, 2025.