Kuala Lumpur Kepong (KLK) Q3 2025 earnings summary

Executive summary

• Third quarter revenue rose 16.9% year-over-year to RM6.43 billion, with pre-tax profit up 44.7% to RM525.4 million.

• Year-to-date revenue increased 12.8% to RM18.72 billion, and pre-tax profit climbed 26.5% to RM1.22 billion.

• Net profit attributable to equity holders for the quarter was RM346.6 million, up 44.3% year-over-year.

• Earnings per share for the quarter rose to 31.1 sen from 21.9 sen a year ago.

Financial highlights

• Operating profit before working capital changes for the nine months was RM2.41 billion.

• Net cash generated from operating activities was RM825.3 million; net cash used in investing was RM680.0 million.

• Cash and cash equivalents at quarter-end stood at RM3.11 billion.

• Total equity attributable to equity holders increased to RM14.29 billion.

• Net assets per share rose to RM12.83 from RM12.50 at prior year-end.

Outlook and guidance

• Palm oil prices expected to remain volatile in H2 2025 due to seasonal and geopolitical factors.

• Plantation segment to sustain strong contribution, supported by higher CPO and PK prices and improved productivity.

• Manufacturing margins expected to stay tight; Oleochemicals may see gradual improvement.

• Group is positioned for stronger FY2025 performance versus FY2024, with capital spending normalized.