PETALING JAYA: MKH Oil Palm (East Kalimantan) Bhd’s (MKHOP) outlook for the financial year ending Sept 30, 2026 (FY26) remains well supported by strong demand for crude palm oil (CPO).
The upstream oil palm plantation company based in East Kalimantan, Indonesia, said CPO prices have been trading at around RM3,350 to RM3,550 per tonne (net of export levy and duty).
In FY25, MKHOP posted a record-high full-year profit, with net earnings rising 29% to RM82.8mil, or earnings per share of 8.15 sen from RM64.2mil in FY24, while revenue grew 3.1% to RM363.2mil.
The improved results were supported by higher average selling prices for CPO and palm kernel, as well as the commencement of crude palm kernel oil sales in February.
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