TDM Berhad (“TDM” or the “Group”) closed the financial year ended 31 December 2025 (FY2025) on a strong note, recording its highest-ever revenue of RM768.1 million, representing a 19% increase from RM645.6 million in the previous year.
Profit Before Tax (PBT) rose significantly to RM42.4 million from RM10.3 million in FY2024, while EBITDA improved to RM140.5 million. The performance was driven by robust contributions from both Group’s core division, plantation and healthcare supported by operational efficiency initiatives, disciplined cost management and a more focused growth strategy.
TDM’s Chairman, YBM Tengku Seri Bijaya Raja (Dato’ Seri Tengku Farok Hussin Tengku Abdul Jalil), said the results demonstrate the resilience of TDM’s business model amid global economic uncertainties and geopolitical challenges affecting multiple industries.
“FY2025 performance reflects the strength of TDM’s business fundamentals and the effectiveness of the Group’s strategies. This achievement provides a solid foundation for the execution of the FOCUS 30 strategic plan, which will drive sustainable growth and long-term value creation for shareholders and stakeholders,” he said at TDM’s 61st Annual General Meeting (AGM), where shareholders approved eight (8) resolutions.
The AGM was held at The Avenue, Level 3, KMI Kuala Terengganu Medical Centre.
Plantation Division
The plantation division, led by TDM Plantation Sdn. Bhd. (TDMP), remained the Group’s largest revenue contributor, recording RM399.5 million in revenue, a 37% increase from RM291.2 million in the previous year. The growth was driven by higher fresh fruit bunch (FFB) production, increased mill throughput and sustained strength in crude palm oil (CPO) prices.
FFB production rose to 305,809 metric tonnes compared to 283,727 metric tonnes in FY2024, while total FFB processed increased by 27%, supported by higher Outside Crop Purchase (OCP), which enhanced mill utilisation and operational efficiency.
STRONG FY2025 PERFORMANCE, TDM RECORDS RM768 MILLION REVENUE
The division also benefited from a realised average CPO price of RM4,325 per metric tonne, above industry benchmark levels. This was supported by certified production under the Malaysian Sustainable Palm Oil (MSPO) and Roundtable on Sustainable Palm Oil (RSPO) standards, enabling TDM to access premium markets.
Amid ongoing geopolitical uncertainties impacting fuel, fertiliser and logistics costs, TDM continued to strengthen cost management measures, enhance operational efficiency and expand the use of mechanisation and digital technologies to maintain business resilience.
The Group also reinforced its commitment to sustainable plantation practices through preparations for the European Union Deforestation Regulation (EUDR) and the phased implementation of replanting programmes to improve long term productivity.
Healthcare Division
The healthcare division, under Kumpulan Medic Iman Sdn. Bhd. (KMI Healthcare), recorded revenue of RM368.6 million, a 4% increase from RM354.4 million in FY2024, driven by higher patient volumes and increased revenue per patient. Total patient numbers across KMI’s hospital network rose to 215,935, up from 201,239 in the previous year.
During FY2025, KMI Healthcare continued to strengthen its position as a trusted private healthcare provider through investments in medical technology, digital transformation, and the adoption of Business Intelligence (BI) to enhance operational efficiency and patient experience.
In line with its commitment to organisational excellence and corporate governance, KMI Healthcare also obtained SIRIM ISO 9001:2015 Quality Management Systems certification and MS 1900:2014 Shariah-Based Quality Management Systems certification, reinforcing its adherence to high quality and Shariah compliant management standards.
KMI Healthcare continues to strengthen its identity as a provider of Shariah compliant, Ibadah friendly hospitals, integrating clinical care with patients’ welfare and spiritual needs.
To support future growth, KMI Healthcare is undertaking several strategic expansion initiatives, including the development of a new hospital in Chukai, Kemaman, the addition of 80 new beds at KMI Kuantan Medical Centre along with the establishment of an Oncology Centre and several new Centres of Excellence (COEs).
The Group is also exploring expansion opportunities in Kelantan as part of its strategy to strengthen its presence in the East Coast Corridor.
STRONG FY2025 PERFORMANCE, TDM RECORDS RM768 MILLION REVENUE
FOCUS 30 Drives Next Growth Phase
FOCUS 30 will further strengthen TDM’s position as a resilient, sustainable strategic investment company capable of delivering long-term value to shareholders. “FOCUS 30 emphasises operational excellence, disciplined capital management, talent development and sustainable growth to ensure both the plantation and healthcare sectors remain key drivers of the Group’s performance,” said Haji Najman Kamaruddin, Group Chief Executive Officer of TDM.
As a gesture of appreciation for continued shareholder support, TDM’s Board of Directors approved a total dividend payment of 0.69 sen per share for FY2025, marking the second highest dividend payout over the past decade.
The Group’s FY2025 performance underscores the effectiveness of its transformation strategy and reinforces confidence in its future growth prospects.