<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 20): Sarawak Plantation Bhd (KL:<a href="/askedge/klse/5135" class="ce-stock" target="_blank">SWKPLNT</a>) posted a slight increase in first quarter net profit despite lower earnings from its oil palm operations, thanks to a&nbsp; higher gain from change in the fair value of biological assets.</p></div>

<div class=newsTextDataWrapInner><p>Net profit for the quarter ended March 31, 2026 (1QFY2026) rose 2.05% to RM23.09 million from RM22.63 million a year earlier, according to the group’s bourse filing on Wednesday.</p></div>

<div class=newsTextDataWrapInner><p>A RM7.57 million fair value gain in biological assets was recognised, versus RM4.07 million in ‌1QFY2025.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Revenue, however, declined 22.38% year-on-year to RM105.18 million from RM135.51 million.</p></div>

<div class="mt-3 imgw-300 embed-right"><a class="mobx embedimg-icon" data-rel="ceolightbox" href="https://myassets.theedgemalaysia.com/pics/2026/sarawak-net-profit-and-revenue_20260520233508_54v7k1.jpg"><img alt="" src="https://myassets.theedgemalaysia.com/pics/2026/sarawak-net-profit-and-revenue_20260520233508_54v7k1.jpg" /></a></div>

<div class=newsTextDataWrapInner><p>The group declared a first interim dividend of five sen per share, payable on July 9.</p></div>

<div class=newsTextDataWrapInner><p>Sarawak Plantation said its oil palm segment’s operating profit before tax fell 7.95% to RM24.54 million from RM26.92 million in 1QFY2025, hit by lower sales volume of crude palm oil (CPO), coupled with lower realised average selling prices for CPO and palm kernel.</p></div>

<div class=newsTextDataWrapInner><p>Looking ahead, the group said the CPO price outlook remains optimistic, supported by rising demand for biofuel.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Sarawak Plantation closed down three sen or 0.81% to RM3.69 on Wednesday, giving the group a market capitalisation of RM1.03 billion.</p></div>


Sarawak Plantation Bhd (KL:SWKPLNT) posted a slight increase in first quarter net profit despite lower earnings from its oil palm operations, thanks to a  higher gain from change in the fair value of biological assets.

Sarawak Plantation’s 1Q net profit edges up on fair value gain, pays five sen dividend

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