SD Guthrie's 4Q Net Profit Likely Sequentially Lower -- Market Talk

Dow Jones01-06

0119 GMT - SD Guthrie's 4Q net profit may be weighed by lower average crude palm oil prices and weaker fresh fruit bunches output, CIMB Securities analyst Ivy Ng Lee Fang says in a note. She tips 4Q net profit at MYR414 million, compared with MYR499 million in 3Q. However, 2026's earnings outlook is supported by potential land sale gains, with the company targeting monetization of about 1,000 hectares annually, which could translate into MYR500 million-MYR700 million in earnings, she says. With eight land related joint ventures in pipeline, successful execution could lift full-year net profit toward MYR2.5 billion, offering upside to core earnings and dividend forecasts, she adds. CIMB maintains a buy rating on SD Guthrie, keeps target price at MYR6.01. Shares are 0.7% lower at MYR5.61. (yingxian.wong@wsj.com)

 

(END) Dow Jones Newswires

January 05, 2026 20:19 ET (01:19 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment