KUALA LUMPUR (March 31): Palm oil plantation group United Malacca Bhd (KL:UMCCA) posted a 2.2% decrease in net profit to RM28.38 million for the third quarter ended Jan 31, 2026 (3QFY2026), from RM29 million a year earlier. The average CPO price fell to RM4,073 per tonne (from RM4,921), while the PK price eased to RM3,212 per tonne (from RM3,736). In contrast, Indonesian operations’ profit before tax dropped 36% to RM14.19 million from RM22.05 million, due to lower average CPO and PK prices and higher unit production costs. The average CPO price declined to RM3,414 per tonne (from RM4,134), while the PK price slipped to RM2,799 per tonne (from RM2,909). Looking ahead, United Malacca expects FFB production to increase in FY2026, supported by a better age profile and improved operational efficiency.

Source: The Edge Markets March 31, 2026 12:03 UTC