Kim Loong reports higher 4Q net profit


PETALING JAYA: Kim Loong Resources Bhd’s net profit for its fourth quarter ended Jan 31, 2026 rose to RM36.03mil from RM22.44mil in the previous corresponding period, while revenue in the fourth quarter grew to RM506.92mil from RM443.32mil a year earlier.

For the financial year ended Jan 31, 2026, Kim Loong’s net profit improved to RM169.13mil from RM161.42mil in the previous corresponding period, while revenue rose to RM1.82bil from RM1.68bil a year earlier, it said in a Bursa Malaysia filing.

For its plantation operations, Kim Loong said full-year revenue and profit were 9% and 12% higher respectively as compared to the corresponding period last year mainly, due to higher fresh fruit bunches (FFB) selling price and increase in FFB production.

For the palm oil milling operations, the company said full-year revenue was 9% higher as compared to the corresponding period last year, mainly due to higher crude palm oil sales volume, whilst the profit from the milling operations was 4% higher as compared to the corresponding period last year.

The group declared a second interim single tier dividend of 6 sen per share, to be paid on May 18.

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