Latest news with #JPG
New Straits Times
19-05-2025
- Business
- New Straits Times
Johor Plantations posts higher net profit of RM75.93mil in 1Q25
KUALA LUMPUR: Johor Plantations Group Bhd (JPG) posted a higher net profit of RM75.93 million in the first quarter (1Q) ended March 31, 2025, compared to RM49.97 million in the same period last year. The surge in net profit was attributed to higher crude palm oil (CPO) and palm kernel (PK) prices, according to the group in a Bursa Malaysia filing today. Revenue rose to RM340.43 million in 1Q 2025 compared to RM294.91 million in the same period last year. "Meanwhile, earnings per share (EPS) in the quarter increased to 3.04 sen from 2.45 sen a year ago," JPG said in a statement today. It also stated that CPO delivery declined to 56,203 tonnes in 1Q 2025, compared to 62,925 tonnes in 1Q 2024, and PK delivery dipped by 4.6 per cent, in line with the industry trend. The company said despite lower production volumes, it continued to deliver strong financial results, driven by a 22.2 per cent increase in the average realised CPO selling price, a 65.2 per cent rise in PK selling price, and a higher selling price premium recorded during the quarter. "The group's average CPO selling price stood at RM4,969 per tonne, reflecting a premium of RM236 per tonne over the Malaysian Palm Oil Board's (MPOB) average price. "PK also commanded a premium, with an average price of RM3,898 per tonne, RM269 per tonne above the MPOB reference price," it said. JPG declared an interim dividend of 1.00 sen per share for the quarter, payable on June 24, 2025. The group remains cautiously optimistic about its operational plans and production discipline to sustain resilient performance, given the elevated stock levels and the gradual recovery in demand. "While CPO prices may continue to face near-term pressure amid broader global uncertainties, the group maintains a prudent outlook and is strategically positioned to capture value as market fundamentals strengthen in the quarters ahead," it said. -- BERNAMA
The Star
19-05-2025
- Business
- The Star
Johor Plantations posts strong 1Q with net profit of RM75.93mil
KUALA LUMPUR: Johor Plantations Group Bhd (JPG) had an encouraging first quarter of the year (1QFY25) with improved earnings and revenue over the year-ago quarter. However, the group said it remains cautiously optimistic about its operational plans and continued to practise production discipline given the elevated stock levels of crude palm oil (CPO) and gradual recovery in demand. "While crude palm oil prices may continue to face near-term pressure amid broader global uncertainties, the group maintains a prudent outlook and is strategically positioned to capture value as market fundamentals strengthen in the quarters ahead," said managing director Mohd Faris Adli Shukery in a statement. In 1QFY25, JPG recorded a net profit of RM75.93mil, up from RM49.97mil in the year-ago quarter, which translated to an earnings per share of 3.04 sen compared to 2.45 sen previously. Revenue during the quarter under review was RM340.43mil, up from RM294.91mil in the previous comparative quarter. The board of directors declared an interim dividend of one sen per share, payable on June 24, 2025. Given the group's continued confidence in the year's outlook, it is maintaining a minimum annual dividend payout of 50% of profit after tax and minority interest (Patami). During the quarter, CPO delivery declined 10.7% to 56,203 metric tonnes (MT) while palm kernel dipped 4.6%, in line with industry trends. According to the group, the group delivered strong results, driven by a 22.2% increase in the average realised CPO selling prices, a 65.2% increase in PK selling price and higher selling price premium recorded during the quarter. The group's average CPO selling price stood at RM4,969/MT, reflecting a premium of RM236/MT over the Malaysia Palm Oil Board (MPOB) average price. PK also commanded a premium, with an average price of RM3,898/MT, RM269/MT above the MPOB reference price.
Express Tribune
16-04-2025
- Entertainment
- Express Tribune
Duran Lantink appointed as new permannet creative director of Jean Paul Gaultier
Another major fashion shake-up has arrived. Dutch designer Duran Lantink has officially been appointed the permanent creative director of Jean Paul Gaultier, making history as the first sole successor to the legendary designer himself. Originally rumored to be JPG's next guest couture collaborator following Ludovic de Saint Sernin's spring/summer 2025 show inspired by a shipwreck, Lantink's appointment signals a major shift. Instead of continuing the brand's three-year rotation of guest designers, Gaultier is handing over the reins for good. Both designers announced the news on Instagram, offering fans a glimpse into the emotional weight of the moment. Jean Paul Gaultier himself praised Lantink's vision: 'I see in him the energy, the audacity, and playful spirit through fashion that I had at the beginning of my own journey: the new enfant terrible of fashion. Welcome, Duran.' Lantink shared a personal throwback: a photo of his 11-year-old self in The Hague wearing his very first JPG beanie. 'I was totally obsessed,' he wrote. 'Had no clue I'd end up leading the house today!' Long admired in fashion circles for his experimental tailoring and deconstructed, sustainability-forward designs, Lantink has recently gained broader industry recognition. His fall/winter 2025 show made waves online, most notably for the viral moment a breastplate bounced down the runway, sparking a mix of laughter and debate during the notoriously serious fashion month. Earlier this month, his career got another boost when he was awarded the International Woolmark Prize, presented by none other than Donatella Versace. The prize comes with a $300,000 AUD (approx. $195,000) grant and signaled Lantink's arrival on the global fashion stage. His appointment couldn't have come at a better time for the Gaultier brand, which has seen a resurgence among Gen Z over the last few years. During the pandemic, vintage Jean Paul Gaultier pieces exploded in popularity resale prices tripled, and the archive gained a cult following on social media. However, aside from capsule collections with designers like Glenn Martens and Shayne Oliver, the house had mostly been recycling its past. Now, with Lantink's bold and surrealist aesthetic, the maison is looking ahead. His tenure will bring not only a new couture vision but also the return of Jean Paul Gaultier's ready-to-wear—which has been on pause since 2015. According to an official brand announcement, Lantink will debut his first prêt-à-porter collection in September 2025 for Spring/Summer 2026, followed by his first couture show in January 2026. Fashion insiders and fans alike are already buzzing. With Lantink's radical style, offbeat humor, and deep-rooted love for the Gaultier legacy, this new chapter may prove to be the house's most exciting era yet.
Yahoo
30-01-2025
- Entertainment
- Yahoo
Forum Members Review the Jean Paul Gaultier Haute Couture Spring 2025 Collection, with Ludovic de Saint Sernin as Guest Designer
Back in September, Jean Paul Gaultier announced Ludovic de Saint Sernin as a guest designer. Following in the footsteps of Chitose Abe, Glenn Martens, Olivier Rousteing, Haider Ackermann, Julien Dossena, Simone Rocha, and Nicolas di Felice, LdSS was handpicked by the legendary French designer to design a couture collection. Today, during the Spring 2025 season of Haute Couture Paris Fashion Week, Ludovic (who launched his eponymous label in 2017) unveiled his long-awaited Jean Paul Gaultier Haute Couture Spring 2025 collection. Ludovic ultimately reflected on Jean Paul Gaultier's early days at Hermès and instructed his cast of models to amp up the drama on the runway to each represent different characters. Entitled 'The Shipwreck', the lineup was packed with JPG's signature corsetry and nautical references. 'A parade of nothingness.' [brandon J pierre] 'They should have invited Dilara Findikoglu if they wanted cheap copies of Alexander McQueen's looks, at least she would have given us a better show than this parade of nothingness. This collection feels literally empty, there's no substance.' [perhydrol] 'Project Runway… the Jean Paul Gaultier challenge.' [helmutnotdead] 'It's impossible to hate on this diva. The collection wasn't as bad as I was expecting and I kinda wish I had an ounce of his confidence.' [Snejena Onopka] 'Ludovic de Saint Sernin is my guilty pleasure. I loved it. I didn't expect anything and yet I was impressed. This is a better Gaultier than what Simone Rocha did. I love that even though he did the Gaultier tropes, he explored some others side of Gaultier.' [Lola701] 'I'm not even going to lie. I loved it !!! I actually found the pieces beautiful and sexy without being the pornfest I was expecting. The modeling was good too from most of the models.' [Salvatore] See all the looks from the Jean Paul Gaultier Haute Couture Spring 2025 collection and join the conversation, here. The post Forum Members Review the Jean Paul Gaultier Haute Couture Spring 2025 Collection, with Ludovic de Saint Sernin as Guest Designer appeared first on theFashionSpot.
