Kencana Agri's H1 Profit Rises 21% on Higher Revenue

MT Newswires

08/17

Kencana Agri (SGX:BNE) reported net profit of $11.8 million in the first half of 2026, up 21% from $9.8 million a year earlier.

Revenue for the six months rose 27% to $110.8 million from $87.1 million, according to a Friday Singapore Exchange filing.

The revenue increase was driven primarily by higher sales volumes across all product categories, as well as improved average selling prices amid a supportive palm oil price environment.

The company paid $3.4 million in dividends during the first half of 2026, it did not pay any dividends in the year-ago period, the filing said.

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