Johor Plantations Group Berhad (JPG or the Group) recorded revenue of RM415.8 million for the second quarter ended 30 June 2026 (2QFY2026), representing a 16.6% increase from the preceding quarter. The improvement was supported by higher fresh fruit bunch (FFB) processing volumes and increased external crop contribution.
Internal FFB production rose by 5.2% quarter-on-quarter, while external FFB intake increased by 28.4% as the Group optimised its available milling capacity following the seasonally softer first quarter. Total FFB processed was consequently 13.0% higher. The Group also benefited from favourable commodity prices, with average selling prices for crude palm oil (CPO) and palm kernel (PK) rising by 9.0% and 10.1% quarter-on-quarter, respectively.
For the six months ended 30 June 2026 (1HFY2026), the Group recorded revenue of RM772.5 million, representing growth of 4.6% compared with the corresponding period last year, while Profit After Tax (PAT) stood at RM101.6 million.
In line with the Group’s performance, the Board declared a second interim dividend of 1.10 sen per share for FY2026, reaffirming JPG’s commitment to delivering sustainable returns to shareholders.
JPG further widened its external certified crop-sourcing network through the Smallholder Inclusion Programme (SIP), which now brings together 390 RSPO-certified smallholders. The programme supports crop availability while advancing JPG’s long-term sustainable sourcing and social inclusion objectives, enabling greater participation by independent smallholders in the sustainable palm oil supply chain. It also enhances sourcing flexibility and mill utilisation, reinforcing JPG’s broader ecosystem approach to value creation.
The Group continues to focus on enhancing its upstream fundamentals through accelerated replanting, deployment of superior planting materials and ongoing estate improvement initiatives. These efforts are aimed at enhancing long-term crop resilience and supporting sustainable productivity growth over time.
“While crop production remains influenced by biological and seasonal factors, we continue to strengthen the foundations of the business through disciplined estate management, accelerated replanting, expansion of our external crop ecosystem and the ongoing development of Integrated Sustainable Palm Oil Complex (iSPOC). These initiatives reinforce our integrated value chain strategy and position JPG for sustainable long-term value creation,” said Mohd Faris Adli Shukery, Managing Director of JPG.
Phase 1 of iSPOC entered the commissioning phase in 3Q2026 and remains on track for commercial operations by year-end 2026, marking an important milestone in JPG’s downstream expansion and integrated growth strategy.