|Company||Maket Cap (RM mil)|
|Sarawak Oil Palms||SOP||2774|
However, the yield can be affected by the maturity stage of trees in which high percentage of below prime age trees will drag down the yield.
This may explain JTiasa's low overall FFB yield. In its presentation, JTiasa says that its prime mature palm trees at 10 years old achieve high FFB yield of 27.2MT/ha!
Besides, it is also notable that JTiasa, Bumitama & SOP have high percentage of trees in young group, thus they don't need to wait too long to see massive FFB production growth.
In term of latest YoY FFB growth, TSH achieves an impressive 27.8% growth even almost 70% of its trees are still either young and immature. Bumitama, JTiasa & Ta Ann are also not bad with more than 10% growth.
Those with huge unplanted land will have a lot of potential to grow in long term. However, planters need lots of capital expenditure to do the planting and it may take up to 5-6 years after planting to break even in term of profit.