FINANCIAL HIGHLIGHTS OF 1H2025
- For 1H2025, PPB Group achieved higher revenue of RM2.71 billion, up 4% whilst Group pre-tax profit improved by 3% to RM724 million (1H2024 : RM701 million). The Group’s core business segments recorded an increase in profit before tax by 27% to RM244 million in 1H2025 (1H2024 : RM191 million). This was partially offset by a lower contribution from Wilmar International Limited by 6% to RM480 million (1H2024 : RM510 million).
- Group profit for the period was higher at RM682 million, up 3% from RM660 million in 1H2024. Earnings per share was at 46.09 sen, 1.5% higher compared with 45.42 sen in 1H2024.
DIVIDEND
PPB has declared an interim dividend of 12 sen per share for financial year ending 31 December 2025, payable on 26 September 2025 to shareholders whose names appear in the Record of Depositors on 12 September 2025.
REVIEW OF OPERATIONS
The results of PPB’s main business operations for 1H2025 are summarised as follows :-
- Grains and Agribusiness segment revenue for 1H2025 was up 3% to RM1.92 billion (1H2024: RM1.88 billion), mainly contributed by the flour and livestock sub-segments. Excluding the one-off divestment gain of Yihai Kerry (Shenyang) Oils, Grains & Foodstuffs Industries Co., Ltd in 1H2024, segment profit increased by 21% to RM191 million (1H2024 : RM156 million).
- Consumer Products segment revenue for 1H2025 was 3% higher at RM407 million (1H2024: RM395 million). Segment profit remained unchanged at RM2.8 million.
- Film Exhibition and Distribution segment revenue increased by 14% to RM341 million (1H2024 : RM300 million). The segment recorded a marked improvement in profit at RM33 million for 1H2025 (1H2024 : RM1 million), mainly attributable to higher admissions and net box office collection, concession profit as well as lower cinema operating costs, coupled with the absence of cinema closure costs incurred in 1H2024.
- Property segment revenue for 1H2025 was higher by 23% at RM33 million (1H2024 : RM27 million) whilst segment profit improved by 19% to RM4.2 million (1H2024 : RM3.5 million) mainly attributable to improvement in mall performance.
- The Other Operations segment recorded 5% lower in profit at RM512 million (1H2024 : RM541 million), mainly attributable to the lower contribution from Wilmar.
PROSPECTS
Notwithstanding heightened uncertainties and economic pressures in the global trade environment, grain prices have remained relatively stable, providing some resilience to the operating landscape. We will continue to prioritise strategic grain sourcing, enhance operational efficiency, and maintain our commitment to producing high-quality products. We expect the Grains and Agribusiness segment to perform satisfactorily for the rest of the year.
Despite the competitive environment, the Consumer Products segment will continue to broaden its product portfolio, and strengthen market presence to enhance distribution efficiency. Although operating costs are expected to remain elevated, the segment is expected to deliver satisfactory performance, underpinned by its resilient distribution network and strong logistics capability.
The strong contributions from several local and regional productions, coupled with the return of major Hollywood blockbusters in the second quarter of 2025, drove a solid rebound in the Film Exhibition and Distribution segment’s box office performance. This positive momentum is expected to continue into the second half of the year, supported by a well-diversified slate of Hollywood, local, and regional releases.
While the segment continues to focus on enhancing operational efficiency and broadening revenue streams, overall performance for the remainder of the year is expected to be satisfactory.
The Property segment will continue to drive sales at the Lumina Bedong township project. Enhancing the shopper experience and driving footfall in our malls will remain key priorities for 2025.
Wilmar’s performance will continue to contribute substantially to the overall profitability of the Group.
3 September 2025
Contact :-
Ms Susan Chia, Senior Manager, Sustainability & Corporate Affairs of PPB Group Berhad
Telephone : 03-27260088
Email : corporateaffairs@ppb.com.my