Johor Plantations Group Berhad Posts Strong First Quarter Performance with 52% Growth in net Profit

JOHOR BAHRU, May 20 (Bernama) — Johor Plantations Group Berhad’s (JPG) profit after tax (PAT) rose 52% to RM75.27 million for the first quarter ended 31 March 2025 (1QFY2025), up from RM49.53 million in corresponding quarter last year on higher crude palm oil (CPO) and palm kernel (PK) prices.

Quarterly revenue rose 15.4% to RM340.43 million in 1QFY2025 compared to RM294.91 million in 1QFY2024. Meanwhile, earnings per share (EPS) in the quarter increased to 3.04 sen from 2.45 sen a year ago.

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