1. Malaysia Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
Sarawak Plantation Berhad

Sarawak Plantation Berhad

5135.KL
Sarawak Plantation BerhadMY flagMalaysian Stock Exchange
4.01
MYR
+0.05
- -
1.12BMarket Cap
Sarawak Plantation Berhad
5135.KL
(Malaysian Stock Exchange)

Recent

price

4.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.22
1.71
1.54
1.3
1.39
1.2
1.37
1.43
1.11
1.24
1.67
2.83
2.55
2.05
1.98
2.05
1.94
Revenue per Share
0.12
0.29
0.17
0.14
0.22
0.08
0.08
0.02
0.04
0.07
0.22
0.46
0.35
0.23
0.33
0.38
0.38
Basic EPS, GAAP
0.14
0.26
0.1
0.05
0.09
-0.05
-0.17
-0.01
0.01
0.06
0.22
0.51
0.36
0.16
0.25
0.25
0.27
Free Cash Flow per Basic Share
0.09
0.1
0.15
0.09
0.1
0.03
0.04
- -
0.05
0.05
0.05
0.1
0.2
0.15
0.25
0.2
0.15
Dividend per Share
1
1
1
1
1.99
2.04
2.07
1.22
1.96
1.98
2.1
2.41
2.56
2.69
2.8
2.98
3.01
Book Value per Share
1.84
2.02
2.03
2.06
2.18
2.23
1.91
1.93
1.92
1.93
2.05
2.37
2.52
2.65
2.8
2.98
3.02
Tangible Book Value per Share
280
280
280
280
280
280
280
280
280
279
279
279
279
279
279
279
279
Basic Weighted Avg Shares
341
479
430
362
390
334
384
399
311
348
466
791
711
571
551
572
541
Sales/Revenue/Turnover
20.56
21.71
18.84
13.9
10.56
4.53
7.66
10.25
5.47
7.16
14.43
18.68
19.48
15.33
18.19
21.03
21.73
Operating Margin (%)
18
20
20
21
22
22
24
42
29
28
31
41
42
42
42
42
42
Depreciation Expense
34
82
46
40
61
21
22
6
11
21
61
128
97
64
92
106
106
Net Income, GAAP
34.26
25.87
32.4
19.78
13.08
8.64
24.87
56.33
31.06
27.16
25.78
23.81
27.47
25.83
25.32
24.88
25.15
Effective Tax Rate (%)
10.08
17.02
10.77
10.96
15.72
6.37
5.78
1.58
3.6
6.02
13.19
16.17
13.6
11.29
16.69
18.51
19.63
Profit Margin (%)
125
133
100
50
65
82
66
102
57
30
43
100
139
183
237
291
307
Working Capital
82
59
36
5
3
21
90
110
96
74
49
4
4
10
40
63
66
LT Debt
514
564
567
577
610
622
533
539
536
541
575
665
706
743
784
834
843
Total Equity
7.81
12.27
8.52
6.31
5.53
2.06
3.26
2.66
1.71
2.68
7.37
15.63
13.52
8.68
9.41
10.38
9.78
Return on Invested Capital (%)
10.14
24.21
14.12
12.97
13.58
4.01
4.18
1.57
2.77
3.51
9.26
18.05
13.26
8.7
11.55
12.14
11.8
Return on Capital (%)
12.27
29.14
16.55
14.17
14.66
3.79
3.87
1.37
2.52
3.8
10.77
20.3
13.95
8.81
12.02
13.13
12.93
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
12
8
20
LT Borrowings
55
57
61
LT Finance Leases
6
6
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
279
279
279
Market Capitalization
759
832
1,027

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
395
365
397
Cash, Cash Equivalents & STI
252
227
259
Accounts Receivable, Net
23
20
16
Inventories
115
107
117
Total Current Liabilities
79
74
90
Payables & Accruals
- -
- -
- -
ST Debt
12
8
20
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.24%
7.78%
6.39%
Free Cash Flow
72.32%
21.93%
3.22%
Net Income, GAAP
39.89%
21.64%
14.96%
Sales/Revenue/Turnover
8.28%
8.04%
3.66%
Total Cash Common Dividend
- -
44.33%
-20%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
127
131
149
144
551
2025
136
131
140
165
572
2026
105
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.09
0.11
0.06
0.33
2025
0.08
0.1
0.11
0.09
0.38
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
0.05
0.15
0.25
2025
- -
- -
- -
0.15
0.2
2026
- -
- -
- -
- -
- -
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Business
Sarawak Plantation Berhad, an investment holding company principally engaged in the cultivation, development and management of oil palm plantations and the processing of fresh fruit bunches into crude palm oil and palm kernel, operates primarily in Sarawak, Malaysia. Founded in 1997 and headquartered in Miri, Sarawak, the group maintains a total land bank of approximately 52,000 hectares, including 13 oil palm estates encompassing 42,185 hectares of plantable land and a joint venture estate of 412 hectares with a Sarawak state agency; it owns and operates two palm oil mills at Niah and Mukah with a combined capacity of 140 metric tonnes per hour following the Niah mill's expansion. Core products and services encompass estate operations yielding fresh fruit bunches, milling into crude palm oil and palm kernel; high-quality DxP seeds under the Surea brand from a dedicated seed garden; cattle integration activities; laboratory services including fertilizer, soil, leaf, water and effluent testing; plantation management and agronomic services; and property investment and rentals. In recent developments, the group acquired the remaining 40% stake in joint venture SPB Pelita Suai Sdn Bhd for MYR 0.27 million in September 2024, achieving full ownership; aggressively pursued a replanting programme covering 4,200 hectares in 2024 at a cost of RM54 million—exceeding targets by 5%—with plans for an additional 2,800 hectares in 2025 targeting old mature trees from recovered encumbered areas and ganoderma-infested zones while investing RM9.9 million in bearer plants in early 2025; and expanded nursery capacity to support up to 1.2 million seedlings annually. These initiatives, alongside strong financial performance including record third-quarter profits in 2025 and proactive yield recovery, position the group for enhanced long-term productivity and earnings growth amid resilient crude palm oil demand.