Felcra posts RM178mil profit, to distribute RM101mil to 74,300 participants
From this Interim Distributable Profit for 2025, RM101 million will be distributed to 74,300 participants nationwide, with payments to be made in stages starting today.
The profit, derived from 646 projects under Felcra, was announced by Deputy Prime Minister and Minister of Rural and Regional Development Datuk Seri Dr Ahmad Zahid Hamidi.
Zahid said the distribution reflected Felcra's continued strong performance, with profits rising nearly RM2 million compared with the same period last year.
"I hope this distribution is not only a financial boost but also a motivation for all participants to further develop their projects.
"Let this profit be capital to increase productivity, adopt new technology, and strengthen competitiveness so that Felcra continues to be a pillar of rural economic development," he said at a ceremony at the Felcra Plantation and Services Sdn Bhd Padi Seed Centre in Seberang Perak today.
Also present were Deputy Rural and Regional Development Minister Datuk Rubiah Wang and Felcra Chief Executive Officer Datuk Idris Lasim.
In a statement issued in conjunction with the event, Felcra said the profit increase was driven, among others, by an 81 per cent surge in net profit from oil palm projects; an increase in the average price of crude palm oil to RM4,423.83 per metric tonne; and operational efficiency that cut costs by 15 per cent while raising yield per hectare by 49 per cent.
Meanwhile, Zahid said Felcra had made history today with the commercialisation of Felcra MRQ 106 rice — a local fragrant rice variety offering a high-quality alternative to imported fragrant rice.
He said with its natural aroma, soft and tasty texture, and a modest yet stable yield suitable for parboiled rice, the variety was expected to appeal to local tastes while strengthening national food security by reducing reliance on imports and opening new markets.
Following this, Zahid said Felcra should target production of 3,000 metric tonnes this year, rising to 6,000 metric tonnes.
"Don't let this effort be just about putting a brand on a bag. It must be on par with other established brands," he said.
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