SD Guthrie Berhad (SDG) investor relations material

Executive summary

• Q2 FY2026 net profit surged 95% year-over-year to RM987 million, driven by strong Industrial Development and Downstream segment results, offsetting weaker Upstream performance.

• Net profit for 1H FY2026 rose 44% year-over-year to RM1,547 million, with significant contributions from land sales and improved downstream margins.

• Revenue for Q2 FY2026 declined 4% year-over-year to RM4,943 million, reflecting softer sales in Upstream segments.

• Interim dividend increased 44% year-over-year to 11.18 sen per share, maintaining a 50% payout ratio.

• The diversified business model and disciplined execution supported robust results despite economic and geopolitical uncertainties.

Financial highlights

• Q2 FY2026 revenue: RM4,943 million (-4% YoY); 1H FY2026 revenue: RM9,633 million (-4% YoY).

• Q2 FY2026 PBIT: RM1,313 million (+63% YoY); 1H FY2026 PBIT: RM2,120 million (+31% YoY).

• Q2 FY2026 PATAMI/net profit: RM987 million (+95% YoY); 1H FY2026 PATAMI/net profit: RM1,547 million (+44% YoY).

• Basic EPS for Q2 FY2026: 14.3 sen (+96% YoY); 1H FY2026: 22.4 sen (+45% YoY).

• Realised CPO and PK prices in Q2 FY2026 were RM4,283/MT (+3% YoY) and RM3,436/MT (+6% YoY), respectively.

Outlook and guidance

• CPO prices expected to remain elevated due to tightening global supply, resilient demand, biofuel mandates, and El Niño-related supply risks.

• El Niño impacts on plantation productivity anticipated to emerge with a lag in 2H 2027 or 1H 2028.

• Focus remains on operational excellence, cost optimisation, and diversification, especially in Industrial Development and Renewable Energy.

• Positive FY2026 outlook supported by market dynamics, operational resilience, and strong execution momentum.