KUCHING: Jaya Tiasa Holdings Bhd has posted significantly stronger earnings with group net profit surged to RM175.9 million on expanded revenue of RM1.17 billion in financial year ended June 30, 2025 (FY2025) against RM128.9 million and RM1.02 billion respectively in FY2024.
The higher profit was bolstered by a double-digit growth in earnings from the oil palm segment, coupled with reduction in losses of the timber segment.
The company’s earnings per share rose to 18.17sen from 13.31sen per share.
The company has declared a dividend of 6.5sen per share (2024:6sen per share).
In FY2025, Jaya Tiasa’s oil palm segment posted a 14 per cent jump in revenue to about RM1.1 billion (FY2024:RM958 million), driving up the segment pre-tax profit by 17 per cent to RM317.5 million (RM272.2 million).
Year-on-year, the timber segment posted higher revenue of RM63.1 million (+11%) from RM56.6 million, and narrowed the segment’s pre-tax loss to RM63.5 million (-RM68.1 million).
The others segment sharply increased its revenue to RM7.78 million (RM1.32 million) but its pre-tax loss had instead widened to RM7.57 million (-RM3.81 million).
Jaya Tiasa said the RM138 million jump (+15%) in group revenue in FY2025 was mainly driven by higher average selling prices of fresh fruit bunches (FFB) and crude palm oil (CPO), which surged by 15.4 per cent and 14.8 per cent respectively.
The group’s pre-tax profit growth of 17 per cent year-on-year was resulted from better profit margins from the higher average selling prices of FFB, CPO and palm kernel (PK).
For the timber segment, the group recognised fair value gain in biological assets of RM30.5 million in FY2025.
In 4Q2025, Jaya Tiasa sank into the red with group net loss of RM11.9 million as compared to profit of RM3.92 million in 4Q2024 despite a sharp increase in revenue to RM263.4 million from RM224.9 million.
The revenue growth was contributed mainly by the oil palm segment as its sales climbed by 21 per cent to RM250.7 million (4Q2024:RM207.2 million) but the segment pre-tax profit was down by 13 per cent to RM31.8 million (RM36.4 million).
The timber segment revenue nosedived by 46 per cent to RM9.4 million (RM17.3 million) and the segment pre-tax profit widened considerably to RM30.9 million (-RM6,03 million).
The others segment revenue grew to RM3.3 million (RM352,000) but its pre-tax loss worsened to RM4.56 million (-RM875,000).
As compared to the immediate preceding quarter (3Q2025), Jaya Tiasa did badly in 4Q2025 as it suffered a net loss of RM11.9 million against profit of RM40.9 million in 3Q2025 despite an eight percent revenue growth to RM263.4 million (3Q2025:RM244.5 million).
The revenue growth was driven by a 31.8 per cent and 6.6 per cent increase in the sales volumes of CPO and PK respectively.
“Despite this revenue growth, the oil palm segment profit before tax declined by 48 per cent mainly due to lower profit margin resulting from lower FFB production and a corresponding increase in FFB unit production costs,” Jaya Tiasa said in explanatory notes to its financials.
The timber segment sales slipped by 44 per cent to RM9.4 million (3Q2025:RM16.8 million) and its pre-tax loss widened to RM35.5 million (-RM10.3 million).
The others segment also performed poorly as it fell into the red, with pre-tax loss of RM4.56 million from pre-tax profit of RM231,000 as revenue dropped to RM3.3 million (RM3.73 million).
Going forward, Jaya Tiasa said the group expects the average CPO price to be positively supported by stable demand from key importing countries, and furthermore, Indonesia’s new B50 diesel mandate is expected to tighten global supply, lending further support to CPO prices.
However, it points out that elevated higher stock levels and heightened competition from other edible oils could limit significant price appreciation for CPO.
“The group remains focused on enhancing operational efficiency, improving productivity and exercising stringent cost control. Strategic initiatives are implemented to mitigate the impact of rising costs and managing ongoing economic uncertainties.
“Barring any unforeseen circumstances, the group anticipates its performance for the upcoming financial year (FY2026) to be satisfactory,” added the company.
