Reported Earnings • Mar 01
Third quarter 2026 earnings released: EPS: RM0.062 (vs RM0.26 in 3Q 2025) Third quarter 2026 results: EPS: RM0.062 (down from RM0.26 in 3Q 2025). Revenue: RM646.0m (up 34% from 3Q 2025). Net income: RM5.78m (down 76% from 3Q 2025). Profit margin: 0.9% (down from 5.0% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 28
Second quarter 2026 earnings released: EPS: RM0.049 (vs RM0.10 in 2Q 2025) Second quarter 2026 results: EPS: RM0.049 (down from RM0.10 in 2Q 2025). Revenue: RM433.4m (down 5.2% from 2Q 2025). Net income: RM4.60m (down 52% from 2Q 2025). Profit margin: 1.1% (down from 2.1% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to RM14.56, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 12x in the Food industry in Malaysia. Total returns to shareholders of 44% over the past three years. Declared Dividend • Sep 23
Dividend of RM0.03 announced Dividend of RM0.03 is the same as last year. Ex-date: 9th October 2025 Payment date: 30th October 2025 Dividend yield will be 0.3%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 2%. Announcement • Sep 11
BLD Plantation Bhd. Approves First and Final Single Tier Dividend for the First and Final Single Tier Dividend BLD Plantation Bhd. at its AGM held on September 11, 2025, approved to declare the payment of a first and final single tier dividend of 3 sen per ordinary share in respect of the irst and final single tier dividend. New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 8.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 8.6% per year over the past 5 years. Announcement • Aug 13
BLD Plantation Bhd., Annual General Meeting, Sep 11, 2025 BLD Plantation Bhd., Annual General Meeting, Sep 11, 2025, at 11:00 Singapore Standard Time. Location: kts garden, jalan datuk abang abdul rahim, 93450 kuching, sarawak, Malaysia Reported Earnings • Aug 01
Full year 2025 earnings released: EPS: RM0.68 (vs RM0.31 in FY 2024) Full year 2025 results: EPS: RM0.68 (up from RM0.31 in FY 2024). Revenue: RM1.76b (up 2.7% from FY 2024). Net income: RM63.7m (up 121% from FY 2024). Profit margin: 3.6% (up from 1.7% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Declared Dividend • Jul 28
Dividend of RM0.03 announced Dividend of RM0.03 is the same as last year. Ex-date: 9th October 2025 Payment date: 30th October 2025 Dividend yield will be 0.3%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 2%. Announcement • Jul 25
BLD Plantation Bhd. Proposes First and Final Single-Tier Dividend for the Financial Year Ended March 31, 2025, Payable on October 30, 2025 BLD Plantation Bhd. announced First and Final Single-Tier Dividend of 3 sen per ordinary share for the financial year ended March 31, 2025. Ex-Date 09 Oct 2025 Payment Date 30 October 2025. The proposed payment for the financial year ended 31 March 2025 is subject to the shareholders' approval at the forthcoming 23rd Annual General Meeting of the Company to be held at a later date. New Risk • May 31
New major risk - Revenue and earnings growth Earnings have declined by 6.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 6.0% per year over the past 5 years. Reported Earnings • May 31
Full year 2025 earnings released: EPS: RM0.67 (vs RM0.31 in FY 2024) Full year 2025 results: EPS: RM0.67 (up from RM0.31 in FY 2024). Revenue: RM1.76b (up 2.7% from FY 2024). Net income: RM63.0m (up 119% from FY 2024). Profit margin: 3.6% (up from 1.7% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Mar 02
Third quarter 2025 earnings released: EPS: RM0.26 (vs RM0.17 in 3Q 2024) Third quarter 2025 results: EPS: RM0.26 (up from RM0.17 in 3Q 2024). Revenue: RM483.1m (up 3.5% from 3Q 2024). Net income: RM24.2m (up 57% from 3Q 2024). Profit margin: 5.0% (up from 3.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Nov 29
Second quarter 2025 earnings released: EPS: RM0.10 (vs RM0.076 in 2Q 2024) Second quarter 2025 results: EPS: RM0.10 (up from RM0.076 in 2Q 2024). Revenue: RM457.4m (down 23% from 2Q 2024). Net income: RM9.62m (up 36% from 2Q 2024). Profit margin: 2.1% (up from 1.2% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 26
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 03 October 2024. Payment date: 24 October 2024. Payout ratio is a comfortable 8.6% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Malaysian dividend payers (4.7%). Lower than average of industry peers (2.7%). Announcement • Sep 05
BLD Plantation Bhd. Approves First and Final Single Tier Dividend in Respect of the Financial Year Ended 31 March 2024 BLD Plantation Bhd. at its Annual General Meeting held on September 5, 2024, approved first and final single tier dividend of 3 sen per ordinary share in respect of the financial year ended 31 March 2024. Announcement • Aug 08
BLD Plantation Bhd., Annual General Meeting, Sep 05, 2024 BLD Plantation Bhd., Annual General Meeting, Sep 05, 2024, at 11:00 Singapore Standard Time. Location: kts garden, jalan datuk abang abdul rahim, 93450 kuching, sarawak, Malaysia Reported Earnings • Aug 02
Full year 2024 earnings released: EPS: RM0.31 (vs RM0.32 in FY 2023) Full year 2024 results: EPS: RM0.31 (down from RM0.32 in FY 2023). Revenue: RM1.71b (down 31% from FY 2023). Net income: RM28.8m (down 4.8% from FY 2023). Profit margin: 1.7% (up from 1.2% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jul 22
BLD Plantation Bhd. Proposes First and Final Single-Tier Dividend for the Financial Year Ended 31 March 2024, Payable on 24 October 2024 BLD Plantation Bhd. proposed first and Final Single-Tier Dividend of 3 sen per ordinary share for the financial year ended 31 March 2024. The Company's securities will be traded and quoted "Ex - Dividend” as from: 03 October 2024; The last date of lodgment: 04 October 2024 Date Payable: 24 Oct 2024. Declared Dividend • Jul 21
Dividend of RM0.03 announced Shareholders will receive a dividend of RM0.03. Ex-date: 3rd October 2024 Payment date: 24th October 2024 Dividend yield will be 0.3%, which is lower than the industry average of 2.9%. Reported Earnings • Jun 05
Full year 2024 earnings released: EPS: RM0.30 (vs RM0.32 in FY 2023) Full year 2024 results: EPS: RM0.30 (down from RM0.32 in FY 2023). Revenue: RM1.71b (down 31% from FY 2023). Net income: RM28.1m (down 7.2% from FY 2023). Profit margin: 1.6% (up from 1.2% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Feb 28
Third quarter 2024 earnings released: EPS: RM0.17 (vs RM0.023 in 3Q 2023) Third quarter 2024 results: EPS: RM0.17 (up from RM0.023 in 3Q 2023). Revenue: RM466.7m (down 28% from 3Q 2023). Net income: RM15.4m (up RM13.3m from 3Q 2023). Profit margin: 3.3% (up from 0.3% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Dec 01
Second quarter 2024 earnings released: EPS: RM0.076 (vs RM0.033 in 2Q 2023) Second quarter 2024 results: EPS: RM0.076 (up from RM0.033 in 2Q 2023). Revenue: RM590.3m (up 1.6% from 2Q 2023). Net income: RM7.10m (up 131% from 2Q 2023). Profit margin: 1.2% (up from 0.5% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 25
Upcoming dividend of RM0.03 per share at 0.3% yield Eligible shareholders must have bought the stock before 02 October 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Malaysian dividend payers (5.0%). Lower than average of industry peers (3.4%). Announcement • Sep 13
BLD Plantation Bhd. Approves First and Final Single Tier Dividend for the Financial Year Ended 31 March 2023 BLD Plantation Bhd. at its Annual General Meeting held on September 12, 2023, approved the payment of a first and final single tier dividend of 3 sen per ordinary share in respect of the financial year ended 31 March 2023. Announcement • Aug 15
BLD Plantation Bhd., Annual General Meeting, Sep 12, 2023 BLD Plantation Bhd., Annual General Meeting, Sep 12, 2023, at 11:00 Singapore Standard Time. Location: KTS Garden, Jalan Datuk Abang Abdul Rahim Kuching Sarawak Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 March 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' fees for the financial year ending 31 March 2024; to approve the payment of Directors' remuneration and benefits (excluding Directors' fees) for the financial year ending 31 March 2024; to declare and approve the payment of a first and final single tier dividend of three (3) sen per ordinary share in respect of the financial year ended 31 March 2023; to re-elect directors; and to consider other matters. Reported Earnings • Aug 02
Full year 2023 earnings released: EPS: RM0.32 (vs RM0.83 in FY 2022) Full year 2023 results: EPS: RM0.32 (down from RM0.83 in FY 2022). Revenue: RM2.47b (down 1.7% from FY 2022). Net income: RM30.3m (down 61% from FY 2022). Profit margin: 1.2% (down from 3.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 27
BLD Plantation Bhd Proposes First and Final Single-Tier Dividend for the Financial Year Ended 31 March 2023, Payable on 26 October 2023 BLD Plantation Bhd proposed a First and Final Single-Tier Dividend of 3.0 sen per ordinary share in respect of the financial year ended 31 March 2023. The dates of entitlement and payment are October 3, 2023 and 26 October 2023 respectively. Ex-Date is 02 Oct. 2023. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: RM0.32 (vs RM0.83 in FY 2022) Full year 2023 results: EPS: RM0.32 (down from RM0.83 in FY 2022). Revenue: RM2.47b (down 1.7% from FY 2022). Net income: RM30.0m (down 61% from FY 2022). Profit margin: 1.2% (down from 3.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 01
Third quarter 2023 earnings released: EPS: RM0.023 (vs RM0.27 in 3Q 2022) Third quarter 2023 results: EPS: RM0.023 (down from RM0.27 in 3Q 2022). Revenue: RM645.7m (flat on 3Q 2022). Net income: RM2.14m (down 92% from 3Q 2022). Profit margin: 0.3% (down from 4.0% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year. Reported Earnings • Dec 03
Second quarter 2023 earnings released: EPS: RM0.033 (vs RM0.30 in 2Q 2022) Second quarter 2023 results: EPS: RM0.033 (down from RM0.30 in 2Q 2022). Revenue: RM580.9m (down 6.5% from 2Q 2022). Net income: RM3.07m (down 89% from 2Q 2022). Profit margin: 0.5% (down from 4.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment improved over the past week After last week's 31% share price gain to RM11.00, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 12x in the Food industry in Malaysia. Total returns to shareholders of 104% over the past three years. Upcoming Dividend • Sep 14
Upcoming dividend of RM0.05 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 13 October 2022. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Malaysian dividend payers (5.0%). Lower than average of industry peers (3.6%). Reported Earnings • Sep 01
First quarter 2023 earnings released: EPS: RM0.14 (vs RM0.17 in 1Q 2022) First quarter 2023 results: EPS: RM0.14 (down from RM0.17 in 1Q 2022). Revenue: RM696.4m (up 29% from 1Q 2022). Net income: RM12.8m (down 21% from 1Q 2022). Profit margin: 1.8% (down from 3.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Announcement • Aug 30
BLD Plantation Bhd. Announces Final Single-Tier Dividend in Respect of the Financial Year Ended 31 March 2022, Payable on 13 October 2022 BLD Plantation Bhd. announced A final single-tier dividend of 5 sen per ordinary share in respect of the financial year ended 31 March 2022 is proposed and subject to approval by the shareholders at the forthcoming 20th Annual General Meeting, and if approved, will be payable on 13 October 2022 to depositors whose names appear in the Company's Record of Depositors on 22 September 2022. Reported Earnings • Aug 01
Full year 2022 earnings released: EPS: RM0.83 (vs RM0.70 in FY 2021) Full year 2022 results: EPS: RM0.83 (up from RM0.70 in FY 2021). Revenue: RM2.51b (up 32% from FY 2021). Net income: RM77.8m (up 19% from FY 2021). Profit margin: 3.1% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Jul 30
BLD Plantation Bhd., Annual General Meeting, Sep 07, 2022 BLD Plantation Bhd., Annual General Meeting, Sep 07, 2022, at 11:00 Singapore Standard Time. Location: KTS Garden Jalan Datuk Abang Abdul Rahim, 93450 Kuching Sarawak Malaysia Agenda: To consider approval of proposed share mandate. Announcement • Jul 26
BLD Plantation Bhd. Proposes a First and Final Single-Tier Dividend for the Financial Year Ended 31 March 2022, Payable on 13 October 2022 BLD Plantation Bhd proposed a First and Final Single-Tier Dividend of 5.0 sen per ordinary share in respect of the financial year ended 31 March 2022. The dates of entitlement and payment are 22 September 2022 and 13 October 2022 respectively. Announcement • Jun 17
Bld Plantation Bhd. Appoints Adeline Lau Kor See as Joint Secretary BLD Plantation Bhd. appointed ADELINE LAU KOR SEE as Joint Secretary. Mdm Adeline Lau was employed as Planning & Development Manager in K.T.S. Holding Sdn Bhd from July 2006 to September 2021. She holds the position of Manager in KTS Properties & Co. Date Of Change 16 June 2022. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: RM0.83 (vs RM0.70 in FY 2021) Full year 2022 results: EPS: RM0.83 (up from RM0.70 in FY 2021). Revenue: RM2.51b (up 32% from FY 2021). Net income: RM77.3m (up 18% from FY 2021). Profit margin: 3.1% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Apr 01
High number of new directors Non Independent & Non Executive Director Adeline Lau was the last director to join the board, commencing their role in 2022. Announcement • Mar 04
BLD Plantation Bhd. Appoints Madam Adeline Lau Kor See as Non Independent and Non Executive Director and Member of Audit, Remuneration and Nomination Committee BLD Plantation Bhd. announced that the appointment of Madam Adeline Lau Kor See as non independent and non executive director and member of audit, remuneration and nomination committee. The dat of change is March 02, 2022. Board Change • Mar 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Sarudu Bin Haji Hoklai was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: RM0.27 (up from RM0.26 in 3Q 2021). Revenue: RM643.5m (up 6.6% from 3Q 2021). Net income: RM25.6m (up 4.3% from 3Q 2021). Profit margin: 4.0% (down from 4.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 27
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 03 January 2022. Payment date: 20 January 2022. Payout ratio is a comfortable 3.3% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Malaysian dividend payers (4.5%). Lower than average of industry peers (3.0%). Board Change • Dec 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Sarudu Bin Haji Hoklai was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 23
First quarter 2022 earnings released: EPS RM0.17 (vs RM0.047 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: RM540.5m (up 36% from 1Q 2021). Net income: RM16.2m (up 267% from 1Q 2021). Profit margin: 3.0% (up from 1.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Sep 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Sarudu Bin Haji Hoklai was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 03
Full year 2021 earnings released: EPS RM0.70 (vs RM0.054 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: RM1.90b (down 1.5% from FY 2020). Net income: RM65.3m (up RM60.2m from FY 2020). Profit margin: 3.4% (up from 0.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Aug 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Sarudu bin Haji Hoklai was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 25
Full year 2021 earnings released: EPS RM0.69 (vs RM0.054 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: RM1.90b (down 1.5% from FY 2020). Net income: RM64.8m (up RM59.7m from FY 2020). Profit margin: 3.4% (up from 0.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 01
Second quarter 2021 earnings released: EPS RM0.21 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM517.5m (up 4.9% from 2Q 2020). Net income: RM19.5m (up 152% from 2Q 2020). Profit margin: 3.8% (up from 1.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. 
