Dear Shareholders,

On behalf of the Board of Directors, I am pleased to present Greenyield Berhad’s Annual Report and Audited Financial Statements for the financial year ended 31 December 2025.

The year under review was marked by a challenging operating environment, shaped by evolving market conditions, regulatory developments and heightened economic and geopolitical uncertainties. Against this backdrop, the Group remained focused on strengthening its operational foundations and enhancing resilience.

Despite these challenges, the Group demonstrated adaptability. While overall performance remained impacted, the results reflect early signs of stabilisation, supported by disciplined cost management, operational improvements and better cash flow management. Structural cost rationalisation and working capital optimisation have contributed to strengthening the Group’s financial position.

Performance across the Group’s core segments was mixed. The household and plantation input segments continued to face demand softness and margin pressures. In contrast, the rubber estates segment delivered improved profitability, supported by higher output, yield improvements and stronger operational discipline, demonstrating the effectiveness of ongoing productivity initiatives.

Looking ahead, the Group will focus on three key priorities: strengthening core operations through cost discipline and efficiency improvements; broadening product offerings and market reach; and capturing opportunities arising from evolving global supply chain dynamics. The Group will remain prudent in managing costs while pursuing sustainable growth opportunities, with a focus on delivering gradual improvements in financial performance.

Sustainability remains integral to the Group’s strategy, with continued emphasis on responsible practices, governance and transparency.

The Board also notes changes in leadership during the year. Tham Kin Shun assumed the role of Acting Managing Director, and we also welcomed Tham Kinyiq, Tham Kin Wai, Chong Sin Hao, Voon Sze Lin, Datuk Ir. Kamarudin Bin Md Derom, Syakur Bin Dato’ Mohd Suhaimi, and Lee Kim Hong as Directors. The Board is confident that their collective experience and perspectives will further strengthen governance and oversight at Greenyield Berhad.

After careful consideration, the Board does not recommend the declaration of any dividend for the financial year ended 31 December 2025.

On behalf of the Board, I extend our appreciation to our shareholders, employees, customers and business partners for their continued support. While challenges remain, the Board is confident that the Group is on a clearer path towards recovery and is well-positioned to build a more resilient and sustainable business.

Yours sincerely,
THAM FOO CHOON
Executive Chairman