SGX-listed plantation firms ride output gains, lure with dividends
While analysts expect the strong streak to continue, downside risks to crude palm oil prices in H2 remain
Singapore-listed plantation giants turned in a bumper first half of 2025 with double-digit profit and revenue gains. Analysts expect the growth streak to continue on the back of resilient crude palm oil (CPO) prices and healthy margins.
Major players such as Golden Agri-Resources, First Resources and Bumitama Agri led the charge, while smaller player Kencana Agri saw a dramatic improvement from a low base.
Agri-business group Wilmar International, whose palm oil operations are just one part of a broader agribusiness portfolio, also reported steady earnings.
