Sime Darby Plantation Sdn Bhd (Sime Darby Plantation), a subsidiary of Permodalan Nasional Berhad is primarily in the business of plantation of palm trees, milling of fresh fruit bunches (FFB), refining of crude palm oils, palm kernels, and does business in renewable energy. It also does business in estate management through its subsidiaries, which include trading, plantation of rubber, sugar plantation, and cattle products. The company’s product portfolio includes oils and fats, oleochemicals, palm oil-based biodiesel, nutraceuticals, and other palm oil derivatives. It sells its products through brands such as Alif, Elaiese, NATRIEO, Vemor, PURAFEX, USNM, CERTIO, and Delico. The company has its geographical presence in Americas, Asia Pacific, Europe, Africa. Sime Darby Plantation is headquartered in Petaling Jaya, Selangor, Malaysia.
Headquarters
Malaysia
Address
No. 2, Jalan Pju 1a/7, Ara Damansara, Level 3, Main Block, Plantation Tower, Petaling Jaya, Selangor, 47301
Website
simedarbyplantation.com
Telephone
60 3 78484000
No of Employees
82,841
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
SIMEPLT (KUL)
Revenue (2022)
$4.0B
-12.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-24.1%
(2022 vs 2021)
Market Cap*
$6.5B
Net Profit Margin (2022)
XYZ
-13.3%
(2022 vs 2021)
* As of and is in US$
Sime Darby Plantation Sdn Bhd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Oils and Fats Products | Lab Services | Alif |
| Palm Oil | Seeds and Agricultural Services | Elaiese |
| Oleo Chemicals and Palm Oil-Based Biodiesel | Support Services | NATRIEO |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In November, the company announced the availability of GenomeSelect. |
| 2023 | Contracts/Agreements | In September, the company and Godrej Agrovet Limited signed an agreement for its agricultural innovation and sustainable food production. |
| 2022 | Contracts/Agreements | In December, the company agreed to dispose three parcels of land totalling 948.83 acres in Klang, Selangor to Sime Darby Property (Bukit Tunku) Sdn Bhd for MYR618million. |
Competitor Comparison
| Key Parameters | Sime Darby Plantation Sdn Bhd | Golden Agri-Resources Ltd | Kuala Lumpur Kepong Bhd | FGV Holdings Bhd | IOI Corp Bhd |
|---|---|---|---|---|---|
| Headquarters | Malaysia | Singapore | Malaysia | Malaysia | Malaysia |
| City | Petaling Jaya | Singapore | Ipoh | Kuala Lumpur | Putrajaya |
| State/Province | Selangor | - | Perak | Kuala Lumpur (Federal Territory of) | Kuala Lumpur (Federal Territory of) |
| No. of Employees | 82,841 | 99,800 | 48,487 | 15,577 | 28,010 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Renaka Ramachandran | Chief Financial Officer; Deputy Managing Director – Sime Darby Oils | Senior Management | 2011 | 55 |
| Mohd Haris Mohd Arshad | Chief Operating Officer; Managing Director - Sime Darby Oils | Senior Management | 2024 | 50 |
| Leela Barrock | Chief Communications Officer | Senior Management | 2021 | 55 |
| Rashyid Redza Anwarudin | Chief Sustainability Officer | Senior Management | 2022 | 44 |
| Harikrishna Kulaveerasingam | Chief - Research and Development Officer | Senior Management | 2018 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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