Interim report
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Interim Financial Report For the third quarter ended 30 June 2026
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) 1 The Directors hereby to announce the unaudited financial results of the Group for the third quarter ended 30 June 2026. Condensed Consolidated Statement of Profit or Loss For the third quarter ended 30 June 2026 (The figures have not been audited.) ` 2026 2025 +/(-) 2026 2025 +/(-) RM'000 RM'000 % RM'000 RM'000 % Revenue 7,054,147 6,432,340 9.7 19,952,079 18,715,263 6.6 Operating expenses (6,311,375) (5,861,688) 7.7 (18,342,766) (17,337,269) 5.8 Other operating income 30,331 77,470 (60.8) 402,428 259,092 55.3 Net (impairment losses)/reversals of impairment on financial assets (7,823) 2,803 N/M (9,463) 497 N/M Operating profit 765,280 650,925 17.6 2,002,278 1,637,583 22.3 Finance costs (114,575) (123,991) (7.6) (344,299) (368,895) (6.7) Share of results of associates (163,457) 771 N/M (162,087) (54,323) * Share of results of joint ventures 4,533 (2,348) N/M 3,500 4,931 (29.0) Profit before impairment loss on investment in an associate and taxation 491,781 525,357 (6.4) 1,499,392 1,219,296 23.0 Impairment loss on investment in an associate (1,621,250) - N/M (1,621,250) - N/M (Loss)/Profit before taxation (1,129,469) 525,357 N/M (121,858) 1,219,296 N/M Taxation (172,126) (137,406) 25.3 (436,009) (398,013) 9.5 Net (loss)/profit for the period (1,301,595) 387,951 N/M (557,867) 821,283 N/M Attributable to: Equity holders of the Company (1,344,429) 346,594 N/M (667,967) 721,319 N/M Non-controlling interests 42,834 41,357 3.6 110,100 99,964 10.1 (1,301,595) 387,951 N/M (557,867) 821,283 N/M Sen Sen Sen Sen (Loss)/Earnings per share - basic (120.7) 31.1 (60.0) 65.3 Earnings per share - diluted N/A N/A N/A N/A * More than 100% N/M - Not meaningful N/A - Not applicable Individual Quarter 3 months ended 30 June Cumulative Quarter 9 months ended 30 June The Condensed Consolidated Statement of Profit or Loss should be read in conjunction with the Annual Financial Report for the year ended 30 September 2025.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) 2 Condensed Consolidated Statement of Other Comprehensive Income For the third quarter ended 30 June 2026 (The figures have not been audited.) 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Net (loss)/profit for the period (1,301,595) 387,951 (557,867) 821,283 Other comprehensive (loss)/income that will be reclassified subsequently to profit or loss Currency translation differences (167,343) (137,376) (680,642) 22,038 Share of other comprehensive income in associates 30,004 160 29,366 20,785 (137,339) (137,216) (651,276) 42,823 Other comprehensive income/(loss) that will not be reclassified subsequently to profit or loss Net change in fair value of equity instruments (136) 89,688 67,248 132,600 Share of other comprehensive income/ (loss) in associates 17,187 (84) 17,187 (10,965) 17,051 89,604 84,435 121,635 Total other comprehensive (loss)/income for the period (120,288) (47,612) (566,841) 164,458 Total comprehensive (loss)/income for the period (1,421,883) 340,339 (1,124,708) 985,741 Attributable to: Equity holders of the Company (1,450,428) 314,010 (1,197,684) 908,652 Non-controlling interests 28,545 26,329 72,976 77,089 (1,421,883) 340,339 (1,124,708) 985,741 Individual Quarter Cumulative Quarter 3 months ended 9 months ended 30 June 30 June The Condensed Consolidated Statement of Other Comprehensive Income should be read in conjunction with the Annual Financial Report for the year ended 30 September 2025.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) 3 Condensed Consolidated Statement of Financial Position As at 30 June 2026 (The figures have not been audited.) 30 June 30 September 2026 2025 RM'000 RM'000 Assets Property, plant and equipment 12,407,783 12,958,932 Right-of-use assets 1,476,931 1,454,467 Investment properties 185,843 114,628 Inventories 2,029,699 2,084,069 Goodwill on consolidation 361,812 375,302 Intangible assets 42,001 44,643 Investments in associates 1,311,615 2,113,086 Investment in a joint venture 53,333 55,245 Other investments 87,361 1,063,905 Other receivables 281,912 337,258 Deferred tax assets 483,799 502,895 Derivative financial assets 305 589 Total non-current assets 18,722,394 21,105,019 Inventories 4,773,569 4,102,627 Biological assets 230,709 241,502 Trade and other receivables 4,845,946 3,608,540 Contract assets 12,609 43,035 Tax recoverable 64,765 98,847 Derivative financial assets 46,388 45,711 Short term funds 12,800 11,605 Cash and cash equivalents 2,561,636 2,480,630 12,548,422 10,632,497 Assets held for sale - 68 Total current assets 12,548,422 10,632,565 Total assets 31,270,816 31,737,584 Equity Share capital 2,072,958 2,072,958 Reserves 10,319,249 12,192,509 12,392,207 14,265,467 Less: Cost of treasury shares (21,763) (21,763) Total equity attributable to equity holders of the Company 12,370,444 14,243,704 Non-controlling interests 1,204,787 1,242,987 Total equity 13,575,231 15,486,691 Liabilities Lease liabilities 423,425 342,068 Deferred income 58,339 64,646 Provision for retirement benefits 540,759 568,832 Borrowings 6,436,584 6,448,967 Deferred tax liabilities 1,060,493 1,094,283 Total non-current liabilities 8,519,600 8,518,796 Trade and other payables 2,701,627 2,098,684 Contract liabilities 225,967 203,377 Deferred income 8,346 8,349 Lease liabilities 18,562 17,061 Borrowings 5,747,277 5,245,820 Tax payable 139,124 128,400 Derivative financial liabilities 112,350 30,406 Dividend payable 222,732 - Total current liabilities 9,175,985 7,732,097 Total liabilities 17,695,585 16,250,893 Total equity and liabilities 31,270,816 31,737,584 Net assets per share attributable to equity holders of the Company (RM) 11.11 12.79 The Condensed Consolidated Statement of Financial Position should be read in conjunction with the Annual Financial Report for the year ended 30 September 2025.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) 4 Condensed Consolidated Statement of Changes in Equity For the third quarter ended 30 June 2026 (The figures have not been audited.) Exchange Fair Non- Share Capital fluctuation value Retained Treasury controlling Total capital reserve reserve reserve earnings shares Total interests Equity RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 October 2025 2,072,958 1,661,819 (447,752) 1,140,066 9,838,376 (21,763) 14,243,704 1,242,987 15,486,691 Net change in fair value of equity instruments - - - 67,248 - - 67,248 - 67,248 Transfer of reserves - 4,373 - - (4,373) - - - - Share of comprehensive income in associates - - 29,366 - 17,187 - 46,553 - 46,553 Currency translation differences - (7,818) (635,700) - - - (643,518) (37,124) (680,642) Total other comprehensive (loss)/income for the period - (3,445) (606,334) 67,248 12,814 - (529,717) (37,124) (566,841) (Loss)/Profit for the period - - - - (667,967) - (667,967) 110,100 (557,867) Total comprehensive (loss)/income for the period - (3,445) (606,334) 67,248 (655,153) - (1,197,684) 72,976 (1,124,708) Issuance of shares to non-controlling interests - - - - - - - 19,669 19,669 Effect of changes in shareholdings in a subsidiary - - (5,521) - (1,859) - (7,380) (10,118) (17,498) Dividend paid - FY2025 final - - - - (445,464) - (445,464) - (445,464) Dividend payable - FY2026 interim - - - - (222,732) - (222,732) - (222,732) Dividends paid to non-controlling interests - - - - - - - (120,727) (120,727) Total transactions with owners of the Company - - (5,521) - (670,055) - (675,576) (111,176) (786,752) At 30 June 2026 2,072,958 1,658,374 (1,059,607) 1,207,314 8,513,168 (21,763) 12,370,444 1,204,787 13,575,231 Attributable to the equity holders of the Company
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) 5 Condensed Consolidated Statement of Changes in Equity For the third quarter ended 30 June 2026 (Continued) (The figures have not been audited.) Exchange Fair Non- Share Capital fluctuation value Retained Treasury controlling Total capital reserve reserve reserve earnings shares Total interests Equity RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 October 2024 1,737,015 1,656,534 (233,197) 851,944 9,714,102 (22,108) 13,704,290 1,302,642 15,006,932 Net change in fair value of equity instruments - - - 132,600 - - 132,600 - 132,600 Transfer of reserves - 6,824 - - (6,824) - - - - Share of comprehensive income/(loss) in associates - - 20,785 - (10,965) - 9,820 - 9,820 Currency translation differences - (488) 45,401 - - - 44,913 (22,875) 22,038 Total other comprehensive income/(loss) for the period - 6,336 66,186 132,600 (17,789) - 187,333 (22,875) 164,458 Profit for the period - - - - 721,319 - 721,319 99,964 821,283 Total comprehensive income for the period - 6,336 66,186 132,600 703,530 - 908,652 77,089 985,741 Issuance of shares to non-controlling interests - - - - - - - 2,942 2,942 Employees' share grant scheme 464 - - - - 345 809 - 809 Effect of changes in shareholdings in subsidiaries - - 326 - (307) - 19 (19) - Issuance of new shares pursuant to dividend reinvestment plan 335,479 - - - - - 335,479 - 335,479 Dividend paid - FY2024 final - - - - (438,578) - (438,578) - (438,578) Dividend payable - FY2025 interim - - - - (222,732) - (222,732) - (222,732) Dividends paid to non-controlling interests - - - - - - - (120,819) (120,819) Total transactions with owners of the Company 335,943 - 326 - (661,617) 345 (325,003) (117,896) (442,899) At 30 June 2025 2,072,958 1,662,870 (166,685) 984,544 9,756,015 (21,763) 14,287,939 1,261,835 15,549,774 Attributable to the equity holders of the Company The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the Annual Financial Report for the year ended 30 September 2025.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) 6 Condensed Consolidated Statement of Cash Flows For the third quarter ended 30 June 2026 (The figures have not been audited.) 2026 2025 RM'000 RM'000 Cash Flows from Operating Activities (Loss)/Profit before taxation (121,858) 1,219,296 Adjustment for non-cash flow items: Depreciation and amortisation 761,602 782,314 Surplus on government acquisition of land (577) (3,456) Surplus on disposal of land (128,838) (5,736) Surplus on disposal of right-of-use assets - (30) Impairment loss of investment in an associate 1,621,250 - Share of results of associates, net of tax 162,087 54,323 Share of results of joint venture, net of tax (3,500) (4,931) Other non-cash items 69,064 94,288 Non-operating items 283,748 272,268 Operating profit before working capital changes 2,642,978 2,408,336 Working capital changes: Net change in current assets (1,880,794) (1,116,885) Net change in current liabilities 646,418 158,052 Cash generated from operations 1,408,602 1,449,503 Interest paid (281,319) (297,157) Tax paid (401,779) (260,352) Retirement benefits paid (35,108) (66,743) Net cash generated from operating activities 690,396 825,251 Cash Flows from Investing Activities Purchase of property, plant and equipment (637,960) (746,828) Purchase of right-of-use assets (1,424) (4,008) Expenditure on land held for property development (95,695) (5,707) Purchase of shares in a subsidiary, net of cash acquired 989 260 Purchase and subscription of shares in associates (800) (800) Development of investment property (71,231) (37,716) Purchase of intangible assets (4,138) (785) Proceeds from disposal of property, plant and equipment 13,472 5,435 Compensation from government on land acquired 600 3,570 Proceeds from disposal of land 207,484 - Proceeds from disposal of right-of-use assets - 51 Advances to associates (100,545) (9,240) Increase in short term funds (1,721) (1,324) Repayment from plasma project receivables 28,238 24,284 Dividends received from associates 5,980 5,995 Dividends received from investments 44,502 45,156 Interest received 40,817 41,644 Net cash used in investing activities (571,432) (680,013) 9 months ended 30 June
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) 7 Condensed Consolidated Statement of Cash Flows For the third quarter ended 30 June 2026 (Continued) (The figures have not been audited.) 2026 2025 RM'000 RM'000 Cash Flows from Financing Activities Drawdowns of term loans 24,988 88,793 Repayment of term loans (32,628) (380,081) Redemption of Islamic medium term notes (500,000) - Payments of lease liabilities (12,926) (14,921) Payments of lease interest (11,691) (11,299) Net drawdown of short term borrowings 1,053,600 1,176,207 Dividends paid to shareholders of the Company (445,464) (103,099) Dividends paid to non-controlling interests (120,727) (120,819) Purchase of shares from non-controlling interest (17,498) - Issuance of shares to non-controlling interests 19,669 2,942 Net cash (used in)/generated from financing activities (42,677) 637,723 Net increase in cash and cash equivalents 76,287 782,961 Cash and cash equivalents at 1 October 2,434,046 2,380,671 2,510,333 3,163,632 Currency translation differences on opening balances (30,336) (49,198) Cash and cash equivalents at 30 June 2,479,997 3,114,434 Cash and cash equivalents consist of: Cash and bank balances 1,218,280 1,317,901 Deposits with licensed banks 543,133 265,744 Money market funds 800,223 1,552,942 Bank overdrafts (81,639) (22,153) 2,479,997 3,114,434 9 months ended 30 June The Condensed Consolidated Statement of Cash Flows should be read in conjunction with the Annual Financial Report for the year ended 30 September 2025.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) 8 Notes to Interim Financial Report A Explanatory Notes as required by MFRS 134 Interim Financial Reporting A1. Basis of Preparation The Interim Financial Report is unaudited and has been prepared in compliance with Malaysian Financial Reporting Standard ("MFRS") 134 Interim Financial Reporting, issued by the Malaysian Accounting Standards Board and paragraph 9.22 of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad ("BMSB"). The report should be read in conjunction with the audited financial statements of the Group for the financial year ended 30 September 2025. The accounting policies and methods of computation adopted by the Group in this Interim Financial Report are consistent with those adopted in the audited financial statements for the year ended 30 September 2025 except for the adoption of the following amendment to MFRS: Amendments to MFRS effective for annual periods beginning on or after 1 January 2025 Lack of Exchangeability (Amendments to MFRS 121 The Effects of Changes in Foreign Exchange Rates) The application of the above amendment to MFRS has no significant effect to the financial statements of the Group. A2. Seasonal and Cyclical Factors The Group's plantation and farming operations are affected by seasonal crop production, weather conditions and fluctuating commodity prices. A3. Unusual Items There were no items affecting the assets, liabilities, equity, net income or cash flows that are unusual because of their nature, size or incidence. A4. Changes in Estimates There were no significant changes in the amount of estimates reported in prior interim periods or prior financial years that have a material effect in the current interim period. A5. Changes in Debt and Equity Securities On 23 April 2026, the Company has redeemed the RM500 .0 million Sukuk Ijarah Islamic Medium Term Notes. Other than as disclosed above, t here were no issuance, cancellation, repurchase, resale and repayment of debts and equity securities during the quarter ended 30 June 2026. A6. Dividends Paid 2026 2025 RM'000 RM'000 Dividend proposed in Year 2025, paid in Year 2026: Final single tier dividend 40 sen per share for financial year ended 30 September 2025 (single tier dividend of 40 sen per share for financial year ended 30 September 2024) 445,464 438,578 9 months ended 30 June For the final dividend of RM438,578,000 paid in Year 2025, RM335,479,000 was satisfied by the issuance of 17,214,040 new shares of the Company pursuant to the dividend reinvestment plan and the balance via cash payment of RM103,099,000. Dividends are paid on the number of outstanding shares in issue and fully paid of 1,113,659,396 (2025: 1,096,445,356).
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 9 A7. Segment Information Segment information is presented in respect of the Group's reportable segments which are based on the Group's management and internal reporting structure. (a) Segment revenue and results Investment Property Holding/ Plantation Manufacturing Development Others Elimination Consolidated RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 9 months ended 30 June 2026 Revenue External revenue 2,281,827 17,338,779 88,861 242,612 - 19,952,079 Inter-segment revenue 2,436,772 300 - 133,472 (2,570,544) - Total revenue 4,718,599 17,339,079 88,861 376,084 (2,570,544) 19,952,079 Results Operating results 1,643,512 222,005 11,117 47,806 - 1,924,440 Interest income 20,419 13,112 3,954 33,483 (26,142) 44,826 Finance costs (9,917) (144,508) (1,987) (214,029) 26,142 (344,299) Share of results of associates 242 6,054 (446) (167,937) - (162,087) Share of results of joint venture - 3,500 - - - 3,500 Impairment loss on investment in an associate - - - (1,621,250) - (1,621,250) Segment results 1,654,256 100,163 12,638 (1,921,927) - (154,870) Corporate income 33,012 Loss before taxation (121,858) Investment Property Holding/ Plantation Manufacturing Development Others Elimination Consolidated RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 9 months ended 30 June 2025 Revenue External revenue 2,739,623 15,561,506 150,374 263,760 - 18,715,263 Inter-segment revenue 1,927,586 3,253 - 163,779 (2,094,618) - Total revenue 4,667,209 15,564,759 150,374 427,539 (2,094,618) 18,715,263 Results Operating results 1,625,735 48,373 20,678 69,176 - 1,763,962 Interest income 29,912 13,145 2,108 32,839 (26,714) 51,290 Finance costs (7,353) (136,200) (2,625) (249,431) 26,714 (368,895) Share of results of associates 4,424 5,121 (55) (63,813) - (54,323) Share of results of joint venture - 4,931 - - - 4,931 Segment results 1,652,718 (64,630) 20,106 (211,229) - 1,396,965 Corporate expense (177,669) Profit before taxation 1,219,296
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 10 (b) Segment assets Investment Property Holding/ Plantation Manufacturing Development Others Consolidated RM'000 RM'000 RM'000 RM'000 RM'000 As at 30 June 2026 Operating assets 10,459,396 14,503,059 3,119,209 1,275,640 29,357,304 Associates 20,886 79,096 32,619 1,179,014 1,311,615 Joint venture - 53,333 - - 53,333 Segment assets 10,480,282 14,635,488 3,151,828 2,454,654 30,722,252 Tax assets 548,564 Total assets 31,270,816 As at 30 September 2025 Operating assets 10,960,373 12,764,098 3,020,601 2,222,439 28,967,511 Associates 23,644 78,507 14,685 1,996,250 2,113,086 Joint venture - 55,245 - - 55,245 Segment assets 10,984,017 12,897,850 3,035,286 4,218,689 31,135,842 Tax assets 601,742 Total assets 31,737,584 (c) Segment liabilities Investment Property Holding/ Plantation Manufacturing Development Others Consolidated RM'000 RM'000 RM'000 RM'000 RM'000 As at 30 June 2026 Segment liabilities 1,445,856 7,565,471 443,829 6,818,080 16,273,236 Tax liabilities and dividend payable 1,422,349 Total liabilities 17,695,585 As at 30 September 2025 Segment liabilities 928,134 6,274,266 398,321 7,427,489 15,028,210 Tax liabilities 1,222,683 Total liabilities 16,250,893 A8. Event Subsequent to Reporting Date There were no material events that arisen which have not been reflected in the interim report in the interval between the end of reporting period and the date of this report. A9. Changes in the Composition of the Group On 1 April 2026, Nura Sdn Bhd (“Nura”) allotted 17,967,399 and 19,668,600 shares to the Company and AarhusKarlshamn Invest AB, for a cash consideration of RM1 8.0 million and RM19.7 million respectively. Following the allotment of shares, the Group’s effective shareholdings in Nura and its wholly-owned subsidiary, Nura Speciality Oils and Fats Sdn Bhd were diluted to 51%. Other than as disclosed above, t here were no material changes in the composition of the Group arising from business combinations, acquisition or disposal of subsidiaries and long - term investments, restructurings and discontinued operations during the quarter under review.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 11 A10. Impairment of Investment in an Overseas Associate The Board of Directors and management continuously review the Group’s investments in associates to ensure that their carrying values are supported by underlying fundamentals and prevailing market conditions. As at 30 June 2026, the market value of the Group’s investment in Synthomer plc (“Synthomer”) amounted to RM190.1 million, which was significantly below its carrying amount of RM1,811.4 million, net of cumulative impairment losses of RM240.0 million recognised in prior financial years. The prolonged decline in the market value of the Group’s investment, together with Synthomer’s market capitalisation remaining below the Group’s carrying amount, were considered indicators of impairment. The impairment recognised during the period reflects management’s reassessment of the recoverable amount of the investment following the sustained decline in Synthomer’s market capitalisation and the slower -than-expected recovery in its earnings performanc e. While certain performance indicators showed improvement in earlier periods, the anticipated recovery was not sustained, and the overall improvement in performance and recovery in the investment’s value progressed more slowly than previously anticipated. Taken together with the prolonged gap between the market value and carrying amount of the investment, these developments indicated a deterioration in the value of the Group's investment in Synthomer and gave rise to an impairment indicator. Accordingly, th e Group performed an impairment assessment and recognised an impairment loss of RM1,621.3 million during the current financial period, based on a recoverable amount of RM190.1 million determined using the higher of value in use and fair value less costs of disposal. The Group will continue to monitor the performance of the investment and review the carrying value as necessary in line with prevailing market conditions. A11. Changes in Contingent Liabilities and Contingent Assets There were no material changes in the contingent liabilities or contingent assets since the last annual reporting date. A12. Capital Commitments 30 June 30 September 2026 2025 RM'000 RM'000 Capital expenditure Approved and contracted 358,086 298,611 Approved but not contracted 645,135 969,662 1,003,221 1,268,273
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 12 A13. Significant Related Party Transactions The significant related party transactions set out below were carried out in the normal course of business and on terms and conditions not more materially different from those obtainable in transactions with unrelated parties. 2026 2025 RM'000 RM'000 (i) Transactions with associates and joint ventures Sale of goods 323,735 297,264 Purchase of goods 1,403,470 1,602,788 Service charges paid 1,301 1,992 Research and development services paid 13,567 12,816 (ii) Transactions with companies in which certain Directors are common directors and/or have direct or deemed interest Sale of goods Chlor-Al Chemical Pte Ltd 346 1,100 Siam Taiko Marketing Co Ltd 1,308 1,419 TMK Chemical Berhad 3,365 7,872 Storage tanks rental received TMK Chemical Berhad 2,099 1,874 Purchases of goods Borneo Taiko Clay Sdn Bhd 4,113 4,197 Bukit Katho Estate Sdn Bhd 7,443 7,591 CCM Chemicals Sdn Bhd 21,863 16,281 Kampar Rubber & Tin Co Sdn Bhd 9,847 9,945 Kekal & Deras Sdn Bhd 2,464 2,504 Malay Rubber Plantations (M) Sdn Bhd 14,659 13,865 Malay-Sino Chemical Industries Sendirian Berhad 5,925 - PT Agro Makmur Abadi 70,640 84,265 PT Java Taiko Mineralindo 1,420 2,219 PT Safari Riau 33,382 37,257 See Sen Chemical Berhad 1,440 - Taiko Acid Works Sdn Bhd 1,555 1,706 Taiko Clay Marketing Sdn Bhd 5,818 4,439 Taiko Drum Industries Sdn Bhd 3,040 3,805 TMK Chemical Berhad 5,170 7,341 Management fees paid Farming Management Services Pty Ltd 2,416 2,399 Aircraft operating expenses and management services paid Smooth Route Sdn Bhd 2,543 4,029 SR Aviation Sdn Bhd 370 1,035 9 months ended 30 June
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 13 2026 2025 RM'000 RM'000 (iii) Transactions between subsidiaries and non-controlling interests Sale of goods Alami Commodities Sdn Bhd 150,556 28,249 Mitsui & Co Ltd 132,203 140,858 Mitsui & Co (Malaysia) Sdn Bhd 331,735 286,435 Mitsui & Co (U.S.A.) Inc 41,138 36,011 Purchases of goods PT Tanjung Sarana Lestari 579,045 670,724 Rental of land paid PT Perkebunan Nusantara I 26,342 26,914 9 months ended 30 June B Explanatory Notes as required by the BMSB Revised Listing Requirement B1. Analysis of Performance 3rd Quarter FY2026 vs 3rd Quarter FY2025 30/06/2026 30/06/2025 +/(-) RM'000 RM'000 % Revenue 7,054,147 6,432,340 9.7 Segment results Plantation 660,755 620,019 6.6 Manufacturing 100,557 26,990 * Property development 7,778 9,042 (14.0) Investment holding/Others (1,865,424) (58,386) * (1,096,334) 597,665 N/M Corporate expense (33,135) (72,308) (54.2) (Loss)/Profit before taxation (1,129,469) 525,357 N/M * More than 100% N/M - Not meaningful Quarter Ended The Group reported a pre-tax loss of RM1.129 billion for the quarter under review, compared with a pre-tax profit of RM525.4 million in the corresponding quarter of the preceding year, after accounting for a RM1.621 billion impairment loss on investment in an overseas associate, Synthomer plc, which is a non-operational item. Excluding the aforementioned non-operational item, the Group would have recorded a pre - tax profit of RM491.8 million (3QFY2025: profit RM525.4 million) , supported by higher revenue of RM7.054 billion (3QFY2025: RM6.432 billion).
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 14 Comments on various business segments are as follows: Plantation The Plantation segment’s profit increased by 6.6% to RM660.8 million (3QFY2025: profit RM620.0 million), mainly attributable to: - Firmer PK selling price of RM3,488/mt ex-mill (3QFY2025: RM3,420/mt ex-mill). - Growth in CPO and PK sales volumes. - Higher gain of RM73.2 million (3QFY2025: gain RM7.7 million) arising from the fair value changes on outstanding derivative contracts. - Higher fair value gain of RM33.0 million (3QFY2025: gain RM3.8 million) from the valuation of unharvested fresh fruit bunches. However, t he improvement was partially offset by a softer CPO selling price realised at RM3,756/mt ex-mill (3QFY2025: RM3,912/mt ex-mill). Manufacturing The Manufacturing segment reported a substantially higher profit of RM100.6 million (3QFY2025: profit RM27.0 million), supported by higher revenue of RM6.201 billion (3QFY2025: RM5.384 billion). The improved performance was mainly aided by a significantly higher profit contribution from the Oleochemical division and lower loss from the Non -oleochemical division . This was partially offset by a loss, compared to a profit recorded by the Refineries division in the same quarter of the previous year. Property Development The Property segment’s profit declined to RM7.8 million (3QFY2025: profit RM9.0 million), with a lower revenue of RM35.0 million (3QFY2025: RM66.6 million). Investment Holding/Others This segment recorded a significantly higher loss of RM1.865 billion (3QFY2025: loss RM58.4 million), mainly attributable to: - Higher loss of RM19.8 million (3QFY2025: loss RM17.7 million) from the Farming sector. - Share of equity loss from an overseas associate, Synthomer plc, which amounted to RM167.9 million (3QFY2025: Nil). The loss reported by Synthomer plc was mainly caused by its non -operating charges incurred on impairment loss, amortisation of acquired intangibles, restructuring and site closure costs. - Recognition of an impairment loss of RM1.621 billion (3QFY2025: Nil) on investment in Synthomer plc, as mentioned above.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 15 Corporate The net corporate expense decreased to RM33.1 million (3QFY2025: net expense RM72.3 million) mainly due to a lower foreign currency exchange loss of RM12.3 million (3QFY2025: loss RM58.2 million) from the translation of inter -company loans denominated in foreign currencies. Todate 3rd Quarter FY2026 vs Todate 3rd Quarter FY2025 30/06/2026 30/06/2025 +/(-) RM'000 RM'000 % Revenue 19,952,079 18,715,263 6.6 Segment results Plantation 1,654,256 1,652,718 0.1 Manufacturing 100,163 (64,630) N/M Property development 12,638 20,106 (37.1) Investment holding/Others (1,921,927) (211,229) * (154,870) 1,396,965 N/M Corporate income/(expense) 33,012 (177,669) N/M (Loss)/Profit before taxation (121,858) 1,219,296 N/M * More than 100% N/M - Not meaningful Todate Ended The Group recorded a year -to-date loss before tax of RM121.9 million (Todate 3QFY2025: profit RM1.219 billion) due to the recognition of a RM1.621 billion impairment loss on investment in an overseas associate, Synthomer plc, which is a non-operational item. Excluding the aforementioned non-operational item, the Group would have reported a year- to-date pre -tax profit of RM1.499 billion, supported by a 6.6% increase in revenue to RM19.952 billion (Todate 3QFY2025: RM18.715 billion). Comments on various business segments are as follows: Plantation The Plantation segment’s profit remained flat at RM1.654 billion (Todate 3QFY2025: profit RM1.653 billion) as the following positive variances contributed to the increase in profit: - Higher PK selling price of RM3,306/mt ex-mill (Todate 3QFY2025: RM3,196/mt ex-mill). - Improved CPO and PK sales volumes. - Fair value gain of RM11.1 million (Todate 3QFY2025: loss RM14.9 million) from the valuation of unharvested fresh fruit bunches. - Lower CPO production cost.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 16 were largely offset by: - Weaker CPO selling price of RM3,765/mt ex-mill (Todate 3QFY2025: RM4,012/mt ex-mill). - Net loss of RM27.4 million (Todate 3QFY2025: net gain of RM204,000) from the fair value changes on outstanding derivative contracts. Manufacturing The Manufacturing segment reported a profit of RM100.2 million (Todate 3QFY2025: loss RM64.6 million), on the back of higher revenue of RM17.339 billion (Todate 3QFY2025: RM15.562 billion). The turnaround was mainly attributable to a substantially improved profit contribution from the Oleochemical division and lower loss incurred by the Non-oleochemical division, but this was partially offset by a larger loss recorded by the Refineries division. Property Development The Property segment’s profit dipped by 37.1% to RM12.6 million (Todate 3QFY2025: profit RM20.1 million), in line with lower revenue of RM88.9 million (Todate 3QFY2025: RM150.4 million). Investment Holding/Others This segment recorded a substantially higher loss of RM1.922 billion (Todate 3QFY2025: loss RM211.2 million), mainly due to: - Higher share of equity loss from an overseas associate, Synthomer plc amounting to RM167.9 million (Todate 3QFY2025: loss RM63.8 million). - Recognition of an impairment loss of RM1.621 billion ( Todate 3QFY2025: Nil) on the investment in Synthomer plc, as mentioned above. Corporate The net corporate income of RM33.0 million (Todate 3QFY2025: net expense RM177.7 million) mainly arose from: - Lower foreign currency exchange loss of RM44.5 million (Todate 3QFY2025: loss RM132.1 million) from the translation of inter-company loans denominated in foreign currencies. - Higher surplus of RM129.4 million (Todate 3QFY2025: surplus RM9.2 million) from the sale of land and government acquisition. - Surplus of RM7.3 million (Todate 3QFY2025: Nil) from the disposal of an aircraft.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 17 B2. Variation of Results to Immediate Preceding Quarter 3rd Quarter FY2026 vs 2nd Quarter FY2026 Immediate Current Preceding Quarter Ended Quarter Ended 30/06/2026 31/03/2026 +/(-) RM'000 RM'000 % Revenue 7,054,147 6,549,644 7.7 Segment results Plantation 660,755 358,464 84.3 Manufacturing 100,557 (42,388) N/M Property development 7,778 1,859 * Investment holding/Others (1,865,424) (19,393) * (1,096,334) 298,542 N/M Corporate (expense)/income (33,135) 112,625 N/M (Loss)/Profit before taxation (1,129,469) 411,167 N/M * More than 100% N/M - Not meaningful The Group’s current quarter result included a non -operational impairment loss of RM1.621 billion on its investment in an overseas associate, Synthomer plc, which resulted in a loss before tax of RM1.129 billion , compared to a profit before tax of RM411.2 million in the preceding quarter. Excluding this non -operational loss, the Group would have reported a pre -tax profit of RM491.8 million (2QFY2026: profit RM411.2 million), supported by a revenue of RM7.054 billion versus RM6.550 billion in the preceding quarter. Plantation The Plantation profit strengthened by 84.3% to RM660.8 million (2QFY2026: profit RM358.5 million), driven by: - Stronger realised CPO and PK selling prices, as follows: 3QFY2026 2QFY2026 % Change Crude Palm Oil (RM/mt ex-mill) 3,756 3,688 1.8 Palm Kernel (RM/mt ex-mill) 3,488 3,183 9.6 - Higher CPO and PK sales volumes. - Reduced CPO production cost. - Fair value gain of RM33.0 million (2QFY2026: loss RM24.9 million) from the valuation of unharvested fresh fruit bunches. - Net gain of RM73.2 million (2QFY2026: net loss RM121.5 million) from the fair value changes on outstanding derivative contracts.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 18 Manufacturing The Manufacturing segment returned to profitability, registering a profit of RM100.6 million compared with a loss of RM42.4 million in the preceding quarter, alongside a rise in revenue to RM6.201 billion (2QFY2026: RM5.704 billion). The improved performance was primarily attributable to a stronger profit contribution from the Oleochemical division and reduced loss from the Non-oleochemical division, which more than offset the higher loss incurred by the Refineries division. Property Development The Property segment’s profit more than tripled to RM7.8 million (2QFY2026: profit RM1.9 million) backed by higher revenue of RM35.0 million (2QFY2026: RM25.7 million). Investment Holding/Others This segment reported a substantially wider loss of RM1.865 billion (2QFY2026: loss RM19.4 million), mainly arising from: - Loss of RM19.8 million (2QFY2026: profit RM40.7 million) from the Farming sector. - Share of equity loss of RM167.9 million (2QFY2026: Nil) from an overseas associate, Synthomer plc. - Recognition of an impairment loss of RM1.621 billion (2QFY2026: Nil) on its investment in Synthomer plc, as mentioned above. Corporate The net corporate expense of RM33.1 million, compared to the preceding quarter’s net income of RM112.6 million, mainly arose from: - Higher foreign currency exchange loss of RM12.3 million (2QFY2026: loss RM8.6 million) from the translation of inter-company loans denominated in foreign currencies. - Lower surplus of RM1.9 million (2QFY2026: surplus RM126.3 million) from the sale of land and government acquisition. - Non-recurrence of a one-off aircraft disposal gain (2QFY2026: surplus RM7.3 million).
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 19 B3. Prospects The Group posted a net loss attributable to equity holders of RM668.0 million for nine months ended 30 June 2026, mainly due to the recognition of a non -cash impairment loss of RM1.6 billion on its investment in associate, Synthomer plc. Excluding the impairment and share of equity loss in Synthomer plc, the Group would have recorded a Profit after Taxation and Minority Interests (“ PATAMI”) of RM1.1 billion, supported by improved contributions from both the Plantation and Manufacturing segments. The impairment is accounting in nature , and has no impact on the Group's operating cash flows, liquidity position, ability to service its borrowings or dividend-paying capacity. CPO prices strengthened during the quarter, supported by favourable supply and demand fundamentals, including Indonesia's biodiesel programme, El Niño weather development and geopolitical instability in the Middle East. Looking ahead, prices are expected to remain supported by these prevailing market fundamentals. The Group's Plantation segment continued to deliver a stable performance, with year-to-date pre-tax profit remaining broadly unchanged at RM1.7 billion, similar to the previous year. Performance was mainly supported by improved sales volumes and lower CPO production costs, which largely mitigated the impact of lower CPO selling prices. Looking ahead, the Plantation segment is expected to continue delivering a strong performance, supported by healthy production levels and favourable palm product prices, alth ough operating costs are expected to remain elevated. The Group's Manufacturing segment recorded a significant improvement, reporting a year - to-date pre-tax profit of RM100.2 million compared with a pre -tax loss of RM64.6 million in the corresponding period last year. The improved performance was mainly attributable to stronger contributions from the Oleochemical division and lower losses from the Non - oleochemical division. Looking ahead, the Oleochemical division is expected to continue benefiting from improving market conditions, supported by supply disruptions in the global petrochemical industry, which have enhanced the competitiveness of palm -based products. Meanwhile, the refinery and kernel crushing operations are expected to remain challenging amid industry overcapacity and continued margin pressure. Overall, the Manufacturing segment is expected to deliver a satisfactory performance. Supported by its stable Plantation operations and improving downstream performance, the Group remains optimistic of delivering a strong operational performance for the financial year. B4. Profit Forecast and Profit Guarantee The Group did not issue any profit forecast or profit guarantee during the current financial year-to-date.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 20 B5. Taxation 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Current tax expense Malaysian taxation 58,195 67,265 172,242 174,117 Overseas taxation 115,016 85,060 286,460 264,792 173,211 152,325 458,702 438,909 (Over)/Under provision in respect of previous year Malaysian taxation (8,623) (5,505) (8,734) (6,239) Overseas taxation 301 644 10,680 6,747 (8,322) (4,861) 1,946 508 164,889 147,464 460,648 439,417 Deferred tax Origination and reversal of temporary differences 8,348 (2,149) (24,062) (38,945) Over provision in respect of previous year (1,111) (7,909) (577) (2,459) 7,237 (10,058) (24,639) (41,404) Total 172,126 137,406 436,009 398,013 (Loss)/Profit before taxation (1,129,469) 525,357 (121,858) 1,219,296 Tax at Malaysian income tax rate of 24% (FY2025: 24%) (271,073) 126,086 (29,246) 292,631 Effect of different tax rates in foreign jurisdictions (7,899) (8,674) (14,624) (18,056) Withholding tax on foreign dividend and interest income 13,351 6,451 39,305 36,629 Expenses not deductible for tax purposes 414,889 30,155 453,063 75,303 Tax exempt and non-taxable income (10,014) (19,516) (53,905) (41,118) Tax incentives (14,236) 5,348 (23,668) (9,180) Deferred tax assets not recognised during the period 12,547 3,486 31,138 36,609 Reversal/(Utilisation) of previously unrecognised tax losses and unabsorbed capital allowances 5,247 3,990 (6,397) (3,529) Tax effect on associates' and joint ventures' results 38,142 378 38,061 11,854 Tax on foreign source income remitted which previously exempted - 2,428 - 18,408 (Over)/Under provision of tax expense in respect of previous year (8,322) (4,861) 1,946 508 Over provision of deferred tax in respect of previous year (1,111) (7,909) (577) (2,459) Others 605 44 913 413 Tax expense 172,126 137,406 436,009 398,013 Individual Quarter 3 months ended Cumulative Quarter 9 months ended 30 June 30 June
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 21 B6. Status of Corporate Proposals Announced There were no corporate proposals announced. B7. Group Borrowings As at the end of the reporting period, the Group's borrowings were as follows: RM RM RM Denomination Denomination Denomination '000 '000 '000 '000 '000 '000 Unsecured Bank overdrafts - - Euro 17,226 80,370 Euro 17,226 80,370 - - CHF 251 1,269 CHF 251 1,269 Revolving credit - - Euro 148,000 690,378 Euro 148,000 690,378 - - AUD 26,000 73,492 AUD 26,000 73,492 - - GBP 41,700 225,918 GBP 41,700 225,918 - - USD 17,573 71,786 USD 17,573 71,786 - - Rp 4,033,000,000 921,542 Rp 4,033,000,000 921,542 - - - 210,400 - 210,400 Trade financing - - USD 62,772 256,421 USD 62,772 256,421 - - Euro 98,477 459,462 Euro 98,477 459,462 - - Rmb 642,454 386,757 Rmb 642,454 386,757 - - Rp 96,344,610 22,015 Rp 96,344,610 22,015 - - - 1,203,447 - 1,203,447 Term loans Euro 1,324 6,176 Euro 144 673 Euro 1,468 6,849 AUD 867 2,451 AUD 4,842 13,687 AUD 5,709 16,138 - 1,777,957 - 138,000 - 1,915,957 Export credit refinancing - - - 4,844 - 4,844 Bankers' acceptance - - USD 6,000 24,510 USD 6,000 24,510 - - - 962,306 - 962,306 Islamic medium term notes - 4,650,000 - - - 4,650,000 Total 6,436,584 5,747,277 12,183,861 RM RM RM Denomination Denomination Denomination '000 '000 '000 '000 '000 '000 Secured Term loans Euro 340 1,688 Euro 3,113 15,455 Euro 3,453 17,143 Unsecured Bank overdrafts - - Euro 4,462 22,153 Euro 4,462 22,153 Revolving credit - - Euro 103,000 511,441 Euro 103,000 511,441 - - AUD 27,000 74,844 AUD 27,000 74,844 - - GBP 51,000 295,045 GBP 51,000 295,045 USD 1,260 5,305 USD 42,093 177,291 USD 43,353 182,596 - - - 142,000 - 142,000 Trade financing - - USD 80,464 338,916 USD 80,464 338,916 - - Euro 86,866 431,280 Euro 86,866 431,280 - - Rmb 421,598 247,899 Rmb 421,598 247,899 - - Rp 316,313,682 82,052 Rp 316,313,682 82,052 - - - 1,438,507 - 1,438,507 Term loans Euro 2,295 11,393 Euro 30,247 150,172 Euro 32,542 161,565 - - AUD 2,918 8,089 AUD 2,918 8,089 - 1,911,754 - 133,500 - 2,045,254 Bankers' acceptance - - USD 14,234 60,272 USD 14,234 60,272 - - - 553,360 - 553,360 Islamic medium term notes - 4,000,000 - 1,600,000 - 5,600,000 Total 5,930,140 6,282,276 12,212,416 Exchange Rates Applied 2026 2025 USD / RM 4.0850 4.2120 Euro / RM 4.6657 4.9649 Rp1,000 / RM 0.2285 0.2594 Rmb / RM 0.6020 0.5880 GBP / RM 5.4177 5.7852 AUD / RM 2.8266 2.7720 CHF / RM 5.0535 5.3112 As at 30 June As at 30 June 2025 Long Term Short Term Total Borrowings Foreign Denomination Denomination Denomination As at 30 June 2026 Foreign Denomination Foreign Foreign Denomination Foreign Denomination Foreign Long Term Short Term Total Borrowings
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 22 B8. Derivative Financial Instruments The forward foreign exchange contracts are entered into by the Group as hedges for committed sales and purchases denominated in foreign currencies. The hedging of the foreign currencies is to minimise the exposure of the Group to fluctuations in foreign exchange on receipts and payments. The commodity future contracts are entered into with the objective of managing and hedging the Group's exposure to the adverse price movements in the vegetable oil commodities. The interest rate swap contracts are entered into to convert floating rate liabilities to fixed rate liabilities to reduce the Group’s exposure from adverse fluctuations in interest rates on underlying debt instruments. As at 3 0 June 2026, the values and maturity analysis of the outstanding derivatives are as follows: Contract/Notional Value Fair value Derivatives Net long/(short) Net gains/(losses) RM'000 RM'000 (i) Forward foreign exchange contracts - Less than 1 year (2,890,373) (57,330) (ii) Commodity futures contracts - Less than 1 year (918,959) (8,658) (iii) Interest rate swap contracts - Less than 1 year 673 26 - 1 year to 3 years 4,118 203 - More than 3 years 2,059 102 The above derivative contracts are recognised at fair value on contract dates and are subsequently re-measured at fair value through profit or loss. The resulting gain or loss from the re-measurement is recognised in profit or loss. For the period ended 30 June 2026, there have been no significant changes to the Group's exposure to credit risk, market risk and liquidity risk from the previous financial year. Since the previous financial year, there have been no changes to the Group's risk management objectives, policies and processes. B9. Fair Value Changes of Financial Liabilities The Group does not have any financial liabilities which are measured at fair value through profit or loss except for derivative financial instruments.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 23 B10. Material Litigation On 3 July 2026, the Company’s wholly-owned subsidiary, PT Perindustrian Sawit Synergi (“PT PSS”) received a notice from the Badan Arbitrase Nasional Indonesia on the formation of the panel of arbitrators. The arbitral hearing between PT PSS and PT Pertagas Niaga (“PT GN”) commenced on 10 July 2026. The arbitration arose from a dispute relating to the termination of the Gas Supply agreement entered into between the PT GN and PT PSS (“GSA”). PT GN is seeking the following awards from the arbitration: (a) compensation of approximately USD39.0 million (equivalent to approximately RM159.3 million, after deducting the Bank Guarantee) in respect of the take -or-pay obligation for the remaining period of GSA; and (b) an order or declaration that the drawdown of PT PSS’s bank guarantee amounting to USD2.8 million (equivalent to approximately RM11.4 million) by PT GN is valid. PT PSS is defending the claim and has filed a counterclaim against PT GN for breach of the terms in the GSA arising from its failure to provide continuous supply to PT PSS. The counterclaim is seeking: (i) reasonable damages with an initial quantification to be approximately RM55.0 million , with such damages to be assessed for PT GN’s breach of the GSA; and (ii) an order or declaration that the drawdown of the Bank Guarantee is in breach and invalid, and refund of the sum drawn under the Bank Guarantee. PT PSS has obtained legal opinion in relation to PT GN’s claim and has appointed a legal firm in Indonesia to represent PT PSS in this matter and to take all necessary steps to commence arbitration, including filing of counterclaim against PT GN. Based on legal advice received, the Board is of the view that PT GN’s alleged claims are without merit. Accordingly, PT PSS is vigorously defending its position at the arbitration proceeding. The Board is of the opinion that the arbitration proceeding is not expected to have any material financial and operational impact to the Group. None of the Directors, major shareholders of the Company, or persons connected to them has any interest, direct or indirect, in the arbitration proceeding. B11. Dividend (a) An interim single tier dividend of 20 sen (2025: 20 sen) per share has been authorised by the Directors in respect of the financial year ending 30 September 202 6 and was paid to the shareholders on 28 July 2026. (b) The total dividend paid for the current financial year to -date is single tier dividend of 20 sen (2025: 20 sen) per share.
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KUALA LUMPUR KEPONG BERHAD 197301001526 (15043-V) Notes to Interim Financial Report (Continued) 24 B12. (Loss)/Earnings Per Share Basic (loss)/earnings per share The (loss)/earnings per share is calculated by dividing the net (loss)/profit for the period attributable to equity holders of the Company by the weighted average number of shares of the Company in issue during the period. 2026 2025 2026 2025 (a) Net (loss)/profit for the period attributable to equity holders of the Company (RM'000) (1,344,429) 346,594 (667,967) 721,319 (b) Weighted average number of shares 1,113,659,396 1,113,659,396 1,113,659,396 1,104,311,304 (c) (Loss)/Earnings per share (sen) (120.7) 31.1 (60.0) 65.3 Individual Quarter Cumulative Quarter 3 months ended 30 June 9 months ended 30 June B13. Audit Report The audit report for the financ ial year ended 30 September 20 25 was not subject to any qualifications. B14. (Loss)/Profit Before Taxation (Loss)/Profit before taxation is arrived at after charging and (crediting) the following: 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Interest income (16,561) (16,387) (44,826) (51,290) Other income including dividend income (25,408) (56,319) (116,994) (128,009) Interest expense 114,575 123,991 344,299 368,895 Depreciation and amortisation 251,673 261,615 761,602 782,314 Provision for and write-off/(write-back) of receivables 7,823 (2,803) 9,466 (497) Provision for and write-off of inventories 12,062 26,105 16,352 25,733 Surplus on disposal of land (1,990) (3,395) (128,838) (5,736) Loss/(Surplus) on government acquisition of land 87 (312) (577) (3,456) Foreign exchange loss/(gain) 21,284 81,021 (29,902) 96,724 (Gain)/Loss on derivatives (28,724) (103,115) 82,462 149,123 Exceptional items - - - - Individual Quarter Cumulative Quarter 3 months ended 9 months ended 30 June 30 June By Order of the Board CHANG POOI YEE Company Secretary 24 August 2026