IOI Corp's Q4 profit jumps to RM501mil on stronger manufacturing performance
KUALA LUMPUR: IOI Corp Bhd’s fourth-quarter (Q4) net profit edged up 17 per cent year-on-year (Y-o-Y) to RM501 million, fuelled by stronger performance in its resource-based manufacturing segment.
IOI Corp Bhd reported a 17% increase in its fourth-quarter net profit to RM501 million, driven by stronger performance in its resource-based manufacturing segment. Revenue grew by 3% year-on-year to RM3.04 billion, supported by higher sales volumes across key specialty product lines and improved global demand. The company declared a second interim single-tier dividend of seven sen per share, bringing the total dividends for FY26 to 12.5 sen per share.
The group anticipates steady growth in fresh fruit bunch production for FY27, supported by improved operational efficiency and firm crude palm oil prices. However, the outlook for its resource-based manufacturing segment remains competitive due to elevated feedstock costs and global economic uncertainties.
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