KUALA LUMPUR: Diversified conglomerate PPB Group has posted a net loss of RM2.73 billion in 2025 compared with a net profit of RM1.21 billion a year ago, as it recognises an impairment charge of RM4.17 billion in respect of its investment in Wilmar International Ltd.
In a Bursa Malaysia filing today, it said the impairment arose following adverse developments in Indonesia and China, including regulatory penalties and legal proceedings involving Wilmar entities, and heightened compliance and macroeconomic uncertainties in these markets.
PPB’s 18.8% stake makes it the single largest shareholder of Singapore-based Wilmar, a leading global palm oil producer and agribusiness company.
