IOI Corporation (IOICORP) Q3 2026 earnings summary

Executive summary

• Q3 FY26 revenue was RM2,675.5 million, down 2% year-over-year; operating profit fell 9% to RM283.5 million.

• Profit before tax for Q3 FY26 rose 6% to RM354.9 million; underlying PBT up 17% to RM413.9 million, driven by higher plantation and resource-based manufacturing contributions.

• Net profit attributable to owners for Q3 FY26 was RM288.2 million, up 8% year-over-year; for 9 months, RM1,181.2 million, up 9%.

• For the nine months YTD FY26, revenue grew 4% to RM8,737.4 million and operating profit rose 14% to RM1,143.2 million.

• Earnings per share for Q3 FY26 increased 7% year-over-year to 4.51 sen; YTD EPS up 8% to 18.91 sen.

Financial highlights

• Q3 FY26 share of results from associates up 31% and joint ventures up 125% year-over-year.

• Net finance costs for Q3 FY26 decreased 11% year-over-year.

• Net FX translation gain of RM14.3 million in Q3 FY26 versus a loss in Q3 FY25.

• Net assets per share increased to RM2.05 from RM1.98 as at 30 June 2025.

• Net cash from operating activities for 9 months was RM1,284.5 million, up from RM867.0 million year-over-year.

Segment performance

• Plantation segment Q3 FY26 operating profit up 6% year-over-year; associates up 32%.

• Resource-based manufacturing Q3 FY26 reported an operating loss due to a significant fair value loss on derivatives; underlying operating profit up 14%.

• YTD FY26, RBM underlying operating profit surged 90% year-over-year, driven by strong oleochemical and refinery performance.

• Other operations returned to profit in Q3 FY26.

• Plantation segment Q3 FY26 profit was RM341.0 million, up 10% year-over-year; underlying profit up 10% to RM338.3 million.