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)
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