IOI Corp, MYL1961OO001

IOI Corp reports September output: HLIB sets MYR 5.16 target for IOI Corp stock

Published on 10/20/2026 at 03:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IOI Corp's September output included 76,772 tonnes of crude palm oil. HLIB Research set a MYR 5.16 target for IOI Corp stock on October 12, 2026.

Output and earnings outlook

September production included 76,772 tonnes of crude palm oil on October 12, 2026.
FY2026 net profit reached MYR 1.68 billion versus MYR 1.52 billion in FY2025.
HLIB Research set a MYR 5.16 target for IOI Corp on October 12, 2026.

IOI Corp, MYL1961OO001, Illustration mit AI erstellt.

IOI Corp (MYL1961OO001) reported 76,772 tonnes of crude palm oil production for September 2026, while a fresh analyst view kept attention on the plantation group's earnings outlook. MarketScreener reported the production figures on October 12, 2026.

September output strengthens plantation focus

The September production report included 336,619 tonnes of fresh fruit bunches from IOI's own estates, 11,115 tonnes from outside purchases and 13,402 tonnes of palm kernel. Coconut production reached 1,105,070 nuts for the month, giving investors a wider view of the group's agricultural output.

The latest operating figures followed a stronger FY2026 earnings base. According to The Star on October 8, 2026, IOI's net profit rose to MYR 1.68 billion in FY2026 from MYR 1.52 billion in FY2025, while revenue increased to MYR 11.78 billion from MYR 11.33 billion.

What could support FY2027 earnings?

The Star reported on October 12, 2026, that Hong Leong Investment Bank Research named IOI among its plantation-sector top picks and set a MYR 5.16 target. The report linked the view to resilient crude palm oil prices and improved fresh fruit bunch production.

The same outlook also identifies pressure points. IOI's downstream businesses face competition from Indonesian refineries and tariff-related challenges, while the group is in the final year of its seven-year replanting program in Sabah. A separate shareholding notice showed that the Employees Provident Fund held 18.619 percent of IOI's voting shares after a net purchase of 4.3 million shares on September 29, 2026, according to Business Today.

Three dates frame the latest update

On August 28, 2026, IOI reported FY2026 net profit of MYR 1.68 billion, according to MarketScreener. On September 30, 2026, the EPF notice recorded a 4.3 million-share net purchase. On October 12, 2026, IOI reported 76,772 tonnes of crude palm oil production.

IOI's published FY2027 outlook runs through June 30, 2027, the stated end of the financial year, with the plantation segment expected to remain the main earnings driver.

Stock stays tied to plantation metrics

IOI Corp stock was last at MYR 4.47 on Bursa Malaysia on October 20, 2026 at 9:00 a.m. MYT. The combination of September production, higher FY2026 profit and the MYR 5.16 analyst target leaves plantation output and crude palm oil pricing as the clearest figures for tracking the FY2027 outlook.