Sime Darby Plantation Berhad registered a net profit of RM1.2 billion in the third quarter of its financial year ending 31 December 2023 (3Q FY2023), a threefold increase from RM396 million recorded in 3Q FY2022. The quarter’s strong performance bolstered the Group’s net profits for the nine-month period ended 30 September 2023 (9M FY2023) to RM1.7 billion.
For the six months ended 30 June 2023 (1H FY2023), Sime Darby Plantation Berhad (SDP) registered a Profit Before Interest and Tax (PBIT) of RM830 million, a decline from the RM2,206 million recorded in the corresponding period. SDP registered a Net Profit for 1H FY2023 of RM449 million as compared to RM1,530 million recorded in 1H FY2022.
Sime Darby Plantation Berhad (SDP) is the world’s largest producer of certified sustainable palm oil. We are committed to responsible recruitment to ensure that our workers are free from forced labour and exploitative practices.
Sime Darby Plantation Berhad (SDP), the world’s largest producer of certified sustainable palm oil, has developed a comprehensive strategy to achieve net-zero emissions across its entire value chain by 2050. SDP has aligned its action plans with the Paris Agreement targets to limit global temperature rises to no more than 1.5°C.