PETALING JAYA: Kuala Lumpur Kepong Bhd
(KLK) says it is well positioned to navigate the current challenging environment and deliver long-term sustainable growth on its strong plantation cash flows and a resilient balance sheet.
Moving forward, following the completion of major capital projects and normalised capital spending, the group said it will focus on optimising utilisation and improving returns from recent investments.
KLK also remains confident of a better performance in the financial year 2026 (FY26), it said.
For its fourth quarter ended Sept 30 (4Q25), KLK said it only recorded a net profit of RM96mil as it was impacted by non-cash losses of RM123.7mil from its investment in Synthomer plc which included a RM60mil impairment.
“The group recognised share of losses of RM127.5mil from Synthomer and the impairment of investment in Synthomer of RM60mil. The impairment reflects the continued challenging chemical demand, though Synthomer reported signs of recovery in some of its specialised portfolios. KLK will continues to monitor the investment as part of its portfolio management strategy,” it said in a statement.
Nevertheless, the RM96mil net profit in 4Q25 was a big jump from the RM6.77mil that was recorded in the same quarter a year ago, while revenue for the quarter also jumped 10.9% year-on-year to RM6.3bil.
KLK has announced a final single-tier dividend of 40 sen per share, payable to the shareholders on Feb 10, 2026.
In the full FY25, KLK recorded RM817.3mil in net profit, which is a 38% rise from RM591mil in the previous financial year.
The group said this increase was mainly driven by the plantation segment’s strong performance, partly offset by non-cash losses of RM187.5mil from its investment in Synthomer and unrealised foreign-exchange losses of RM157.2mil from translation of inter-company loans denominated in foreign currencies.
