Latest news with #FGVHoldingsBerhad
Malaysian Reserve
01-07-2025
- Business
- Malaysian Reserve
Ahmad Shabery's contract as Felda chairman expires yesterday
KUALA LUMPUR — Datuk Seri Ahmad Shabery Cheek's (picture) contract as Federal Land Development Authority (Felda) Chairman expired yesterday (June 30). Felda, in a statement today, announced that Ahmad Shabery's last task as chairman was presiding over the Felda Supreme Management Meeting held yesterday. 'During his two years at the helm of Felda, he has played a major role in strengthening the ecosystem between Felda and its subsidiaries, especially in expediting the delisting of FGV Holdings Berhad, thus restoring the confidence of strategic partners and enhancing Felda's image and prestige. 'His approach is translated through the idea of 'Everything Felda', which is now the core of unifying the organisation and the community,' read the statement. The Felda management and employees expressed their appreciation for Ahmad Shabery's services, dedication and leadership throughout his tenure as Felda Chairman. Ahmad Shabery was appointed as Felda Chairman on July 1, 2023. — BERNAMA
New Straits Times
12-06-2025
- Business
- New Straits Times
Felda committed to strengthening plantation sector transformation
Bernama KOTA TINGGI: The Federal Land Development Authority (Felda) is continuing to take proactive steps to strengthen the nation's plantation sector transformation agenda. Its chairman Datuk Seri Ahmad Shabery Cheek said the effort includes the implementation of the 25:23 Project. This initiative aims to increase the yield to 25 tonnes per hectare per year and achieve an oil extraction rate (OER) of 23 per cent by 2027. He said this initiative also promotes quality, discipline, and collaboration between Felda and FGV Holdings Berhad, a major seed producer, to achieve this goal. "FGV is a reliable seed producer and constantly enhances the quality of its seeds to achieve better yields. Felda's plantation management and the efficient operations of FGV's mills are equally important to ensure high oil extraction rates," he told reporters at the 2024 Best 25:23 Project awards ceremony at Dewan Semai Bakti Felda Lok Heng here today. Present were FGV Holdings Berhad chairman Tan Sri Rastam Mohd Isa and Felda Johor Bahru Regional director Mohd Helmi Fakhzan Abd Wahab. Ahmad Shabery said the event was held to recognise outstanding Felda personnel and plantation managers who have improved the productivity and quality of fresh fruit bunches. Awards were presented to individuals and top-performing plantation complexes involved in the 25:23 Project. The initiative will be expanded to 15 additional complexes. "This reflects Felda's continued commitment to improving operational efficiency and plantation yields. As a major contributor to the global oils and fats industry, Felda and its subsidiaries are crucial in promoting sustainability, competitiveness, and the empowerment of the bumiputera economy," he said. He also said that Felda is expanding the PMS 'Damar Berkat' operational model to reduce losses in settlers' produce, improve transaction transparency, and ensure higher income for them. "The PMS model, successfully implemented by the Koperasi Permodalan Felda (KPF) since April, is set to be expanded following a pilot project in Bukit Damar, Lanchang, Pahang. We will soon introduce it to 11 additional locations and ultimately to over 40 areas. I hope this will be a game changer in managing palm fruits before they are sent to the mills," he said. He added that six new PMS locations have been identified: Ijok and Nenering in Perak; Layang-Layang, Chemplak, Chemplak Barat, and Sri Ledang in Johor; and Kampung New Zealand in Pahang. "This implementation will be guided by a comprehensive system that includes procurement, quality control of fresh fruit bunches, logistics for delivery to mills, and more competitive pricing," he said.
Yahoo
07-05-2025
- Business
- Yahoo
FGV Holdings Berhad's (KLSE:FGV) Earnings May Just Be The Starting Point
FGV Holdings Berhad (KLSE:FGV) recently posted some strong earnings, and the market responded positively. We have done some analysis, and we found several positive factors beyond the profit numbers. We've discovered 1 warning sign about FGV Holdings Berhad. View them for free. KLSE:FGV Earnings and Revenue History May 7th 2025 The Impact Of Unusual Items On Profit To properly understand FGV Holdings Berhad's profit results, we need to consider the RM100m expense attributed to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual expenses don't come up again, we'd therefore expect FGV Holdings Berhad to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Our Take On FGV Holdings Berhad's Profit Performance Unusual items (expenses) detracted from FGV Holdings Berhad's earnings over the last year, but we might see an improvement next year. Because of this, we think FGV Holdings Berhad's earnings potential is at least as good as it seems, and maybe even better! Furthermore, it has done a great job growing EPS over the last year. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. If you want to do dive deeper into FGV Holdings Berhad, you'd also look into what risks it is currently facing. Case in point: We've spotted 1 warning sign for FGV Holdings Berhad you should be aware of. Today we've zoomed in on a single data point to better understand the nature of FGV Holdings Berhad's profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
05-05-2025
- Business
- Yahoo
FGV Holdings Berhad Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Revenue: RM22.2b (up 14% from FY 2023). Net income: RM276.3m (up 172% from FY 2023). Profit margin: 1.2% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. EPS: RM0.076 (up from RM0.028 in FY 2023). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 18%. The primary driver behind last 12 months revenue was the Oils and Fats segment contributing a total revenue of RM20.1b (91% of total revenue). Notably, cost of sales worth RM20.0b amounted to 90% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM1.01b (55% of total expenses). Explore how FGV's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Food industry in Malaysia. Performance of the Malaysian Food industry. The company's shares are up 10% from a week ago. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for FGV Holdings Berhad that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
12-04-2025
- Business
- Yahoo
FGV Holdings Berhad (KLSE:FGV) shareholders have endured a 38% loss from investing in the stock three years ago
For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that long term FGV Holdings Berhad (KLSE:FGV) shareholders have had that experience, with the share price dropping 47% in three years, versus a market decline of about 3.4%. The more recent news is of little comfort, with the share price down 27% in a year. More recently, the share price has dropped a further 8.8% in a month. But this could be related to poor market conditions -- stocks are down 3.7% in the same time. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the three years that the share price fell, FGV Holdings Berhad's earnings per share (EPS) dropped by 38% each year. In comparison the 19% compound annual share price decline isn't as bad as the EPS drop-off. So, despite the prior disappointment, shareholders must have some confidence the situation will improve, longer term. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). We know that FGV Holdings Berhad has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts . When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of FGV Holdings Berhad, it has a TSR of -38% for the last 3 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! We regret to report that FGV Holdings Berhad shareholders are down 24% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 6.0%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. Longer term investors wouldn't be so upset, since they would have made 9%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - FGV Holdings Berhad has 1 warning sign we think you should be aware of. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
