28 November 2023

Sime Darby Plantation kicks off 400-hectare Peatland Restoration

Sime Darby Plantation Berhad (SDP) has dedicated a 400-hectare peatland in its operation in Sarawak, East Malaysia, for reforestation, opting not to replant oil palm but restore it into a functional peat ecosystem.
23 November 2023

Sime Darby Plantation 3Q FY2023 Net Profit triples to RM1.2 billion

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.
8 November 2023

Sime Darby Plantation Launches Super-charged Seeds

GenomeSelect™, the super high-yielding oil palm seed from Sime Darby Plantation Berhad (SDP), is now commercially available in the market.
28 September 2023

Sime Darby Plantation and Godrej Agrovet Forge Strategic Partnership

Sime Darby Plantation Berhad (SDP) and Godrej Agrovet Limited (GAVL) today announced a significant milestone in their commitment to agricultural innovation and sustainable food production.
18 September 2023

Sime Darby Oils and Beibu Gulf Port Explore Opportunities for Palm Oil in Guangxi Region

A memorandum of understanding (MOU) signed between Sime Darby Oils International Limited (SDO) and Guangxi Beibu Gulf International Port Group Ltd (BGP), underscores the companies’ intention to collaborate in three main areas
7 September 2023

Sime Darby Plantation Celebrates Milestone under Bumiputera Empowerment Agenda

Sime Darby Plantation Berhad (SDP) is pleased to announce a significant milestone in its commitment to the Bumiputera Empowerment Agenda (BEA).
30 August 2023

Sabah Rural Electrification Initiative wins 2023 ASEAN Energy Awards

Sime Darby Plantation Renewable Energy Sdn Bhd (SDPRE) is the 2nd Runner Up in the prestigious ASEAN Energy Awards (AEA). The category of the award was Renewable Energy – On-Grid.
23 August 2023

Sime Darby Plantation Registers RM830 million in Profit Before Interest and Tax in 1H FY2023

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.
14 July 2023

Stepping Up to the ESG Challenge

The traditional role of internal auditors is expanding to encompass Environmental, Social and Governance (ESG) practices and disclosures, particularly as companies integrate ESG into their operations.