Hap Seng Plantations Holdings reported a net profit of RM39.32 million for the second quarter ended June 30, 2026. This figure doubled from RM19.66 million recorded in the same period last year. Revenue for the quarter grew 29.2% to RM201.73 million.
The average selling price of crude palm oil (CPO) rose 16.9% to RM4,630 per tonne. CPO sales volume increased by 23% to 37,388 tonnes.
The company declared an interim dividend of two sen per share. Net profit for the first six months of 2026 rose 16.9% to RM49.29 million.