KUCHING: Rimbunan Sawit Bhd (RSB) reported sharply lower group net profit of RM3.25 million in 3Q2025, down from RM32.68 million in 3Q2024 despite an increase in revenue to RM161.9 million from RM146.9 million. Earnings per share fell to 0.16sen from 1.6sen previously. In the current quarter, RSB said the 10.2 per cent (RM14.96 million) increase in group revenue was largely attributed to the higher selling prices of fresh fruit bunches (FFB) (+12.2%), crude palm oil (CPO) (+6,7%) and palm kernel (PK) (+30.8%) while the sales volume of PK rose by 0.1 per cent whereas the sales volumes of CPO and FFB dropped by 0.4 per cent and one per cent respectively.
The positive factors helped the group to achieve a 255.6 per cent surge in gross profit to RM17.8 million from RM5 million a year ago. Despite the strong revenue growth, RSB said the group posted a 83.8 per cent drop after-tax profit to RM5.21 million (RM32.3 million). RSB delivered better financial results in 3Q2025 as compared to 2Q2025 when the group recorded after-tax profit of RM2.39 million (3Q2025:RM5.21 million) and lower revenue of RM155.5 million (RM161.9 million). The improved profits were contributed by an 18.5 per cent jump in the sales volume of FFB and 2.1 per cent increase in FFB selling price. In 9m2025, RSB registered group sharply lower net profit of RM6.68 million (9m2024:RM26.58 million) although group revenue had climbed to RM473.6 million (RM355.8 million) or up by an impressive RM118.8 million or 33.1 per cent.
“Gross profit boosted by 117.1 per cent to RM55.3 million from RM25.5 million, driven by higher selling prices and sales volumes of FFB, CPO and PK.
FFB sales volume increased slightly by 0.6 per cent and its selling price rose 15.2 per cent. CPO sales volume and price increased by 22 per cent and 8.7 per cent respectively while PK sales volume and price grew by 15.1 per cent and 45.2 per cent respectively,” said the company.
Commenting on prospects, RSB said: “The outlook for Malaysia’s oil palm industry remains generally positive, supported by structural supply constraints, ageing tree profiles and strong biodiesel demand from Indonesia, which together help sustain medium-term price strength.
“However, CPO prices have softened recently due to rising Malaysian stockpiles, slower export momentum and improving supply from competing vegetable oils, such as soybean oil, which has reduced palm oil’s price competitiveness. “Seasonal peak crop production has also contributed to a temporary oversupply, adding downward pressure on prices. Despite this short-term weakness, analysts still project firm demand from major importers, like India, and expect prices to stabilise once inventories normalise, keepng the industry’s broader prospects stable and supported in the coming quarter.”
