IOI Corporation (IOICORP) Q4 2026 earnings summary

Executive summary

• Integrated palm oil group with upstream and downstream operations, global presence in 8 countries, and sales to over 80 countries.

• Market capitalization of RM24.50 billion as of 30 September 2025, with 28,000 employees.

• Profit before tax for FY2026 rose 12% year-over-year to RM2,108.3 million, with underlying PBT up 23% to RM1,985.2 million, driven by higher contributions from plantation and resource-based manufacturing segments.

• Net profit attributable to owners for FY2026 increased 11% year-over-year to RM1,682.0 million.

• Focus on sustainability, innovation, and operational excellence, with a five-year strategic roadmap emphasizing product expansion, innovation, productivity, and climate initiatives.

Financial highlights

• FY2026 revenue grew 4% year-over-year to RM11,779.1 million.

• Operating profit for FY2026 increased 27% to RM1,706.8 million.

• Net profit for FY2025: RM1,536 million, compared to RM1,116 million in FY2024.

• Plantation FFB production: 2.84 million MT in FY2025, up from 2.80 million MT in FY2024.

• Cash and cash equivalents at year-end stood at RM1,843.6 million, up from RM1,578.4 million.

Outlook and guidance

• Strategic roadmap (2025-2029) targets product portfolio expansion, innovation, productivity, and sustainability.

• CPO prices are expected to remain strong into FY2027 due to El Niño effects and global supply constraints.

• Plans to achieve carbon neutrality for Scope 1 and 2 emissions by 2030 and net zero by 2040.

• Continued investment in renewables, agri-science, and high-growth adjacent businesses.

• Refinery and oleochemical sub-segments face ongoing competition, but product differentiation and operational efficiency are key focus areas.