SD Guthrie stock links 680 MW solar project to 21-year contract

Published on 10/07/2026 at 03:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SD Guthrie stock was last at MYR 6.16 on October 6, 2026, as a 680 MWac solar project broadened its growth profile. Q2 net profit rose 95 percent to MYR 987 million.

SD Guthrie, MYL5285OO001, Illustration mit AI erstellt.

SD Guthrie stock (ISIN MYL5285OO001) closed at MYR 6.16 on Bursa Malaysia on October 6, 2026, up 0.33 percent and valuing the group at MYR 42.6 billion. The market backdrop is now tied to a 680 MWac solar project with a 21-year renewable energy contract for a US technology company.

Solar contract adds a new earnings engine

As The Edge Malaysia reported on October 6, 2026, SD Guthrie, Gamuda and Gentari agreed to develop the project in Perak through a consortium. The facility includes four-hour battery storage, targets commercial operation in 2029 and is designed to run for 21 years.

The project may generate more than MYR 10 billion in gross revenue over its offtake period, according to The Edge Malaysia. SD Guthrie holds a 33.5 percent stake in the joint venture, giving the plantation group a route into long-duration renewable infrastructure while its traditional business remains exposed to palm oil prices.

Profit rises while revenue contracts

SD Guthrie's Q2 FY2026 net profit rose 95 percent year over year to MYR 987 million, while revenue declined 4 percent to MYR 4,943 million, according to Quartr in its Q2 FY2026 summary dated September 21, 2026. The contrasting figures show why earnings quality matters more than headline sales growth for the group.

For the first half of FY2026, net profit increased 44 percent year over year to MYR 1,547 million, while revenue fell 4 percent to MYR 9,633 million. Basic earnings per share rose 45 percent to 22.4 sen, and the interim dividend increased 44 percent year over year to 11.18 sen per share, according to Quartr.

Consensus target stays above the stock

Analyst expectations remain constructive but are not uniform. The Edge Malaysia reported on October 6, 2026, that 17 analysts had buy calls and three had hold calls, with a 12-month target price of MYR 7.68.

That target lies 24.7 percent above the MYR 6.16 October 6 closing price. A separate Maybank Investment Bank upgrade cited by The Edge Malaysia kept a MYR 7.10 target and forecast FY2026 core net profit of MYR 2.9 billion, 5 percent above the MYR 2.76 billion consensus cited in the same report.

Dividend date sets the next checkpoint

SD Guthrie's 11.18 sen interim dividend is scheduled to go ex-dividend on October 20, 2026, according to The Edge Malaysia. For investors, the key tension is clear: the solar project broadens future earnings, while Q2 revenue and upstream performance still require close attention.