KUALA LUMPUR: United Malacca Bhd
expects fresh fruit bunch (FFB) production to increase in the financial year ending April 30, 2025 (FY25), driven by a better age profile and improvements in operational efficiency.
“For Malaysian operations, FFB production for the six months ended Oct 31, 2024 (6M25) increased by 10% or 17,814 tonnes from the corresponding period in the preceding year mainly due to seasonal high yielding trend in Peninsular estates,” United Malacca said in a filing with Bursa Malaysia.
The planter said for its Indonesian operations, FFB production for 6M25 decreased by 5%, or 2,526 tonnes, compared to the same period last year, due to the seasonal low yield in its Indonesian estates from May to August 2024.
In the second quarter ended Oct 31, 2024 (2Q25), the company’s net profit more than doubled to RM30.9mil, or an earnings per share (EPS) of 14.74 sen, compared with earnings of RM13.7mil or an EPS of 6.54 sen posted in the same period last year.
