Bumitama Agri - RHB Research 2026-05-13: Upgrade To Neutral On Share Price Correction

• Bumitama Agri (SGX:P8Z)’s 1Q26 results came in broadly within expectations. We expect modest FFB growth in FY26F, while unit costs are likely to rise on the back of higher fertiliser and diesel costs.
• - Read this at SGinvestors.io -

1Q26 earnings fell 20% q-o-q (+42% y-o-y)

• 1Q26 earnings fell 20% q-o-q (+42% y-o-y), coming in at 21-24% of our and consensus FY26 estimates. We consider this to be broadly within expectations as 1Q is typically the lowest seasonal output quarter of the year.
• - Read this at SGinvestors.io -

Nucleus FFB output rose 8.2% y-o-y (-4.5% q-o-q)

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Previous report by RHB:
2026-04-30 Bumitama Agri - Geopolitics Overrides Other Factors; Cut To SELL.

Price targets by 3 other brokers at Bumitama Agri Target Prices.

Listing of research reports at Bumitama Agri Analyst Reports.

Relevant links:
Bumitama Agri Share Price History,
Bumitama Agri Announcements,
Bumitama Agri Dividend Payout Dates & Corporate Actions,
Bumitama Agri News