Ta Ann’s 2Q25 net profit rises 11% y-o-y

PETALING JAYA: Ta Ann Holdings Bhd’s net profit for the second quarter ended June 30, 2025 (2Q25) rose 11% year-on-year (y-o-y) to RM54.27mil or earnings per share of 12.32 sen. Revenue grew by 18% y-o-y to RM432.61mil.

Ta Ann said the higher revenue and profit were mainly driven by increased sales volumes of export logs and crude palm oil by 30% and 15% respectively, coupled with favourable average selling prices for both products, which rose by 7% each.

During the current quarter, the group also recognised a gain of RM10.63mil from changes in the fair value of biological assets, compared to a gain of RM19.91mil in 2Q24. Over the six-month period, Ta Ann posted a 4% y-o-y gain in its net profit to RM95.95mil.