What Rimbunan Sawit does

Rimbunan Sawit Berhad is an integrated palm oil plantation and milling company headquartered in Sibu, Sarawak, Malaysia. It is listed on the Main Board of Bursa Malaysia Securities Berhad (ticker RSAWIT, stock code 5113) since June 2006, and operates as a public company within the Rimbunan Hijau diversified conglomerate. The company cultivates oil palm across approximately 87,614 hectares of plantation land in the Miri, Kuching and Sibu regions of Sarawak, and operates three palm oil mills — R.H. Plantation Palm Oil Mill (Miri, 360,000 MT/year FFB capacity), RSB Palm Oil Mill (Miri, 210,000 MT/year) and RSB Lundu Palm Oil Mill (Kuching, 270,000 MT/year) — giving a combined annual FFB processing capacity of 840,000 MT.

The core products are Crude Palm Oil (CPO) and Palm Kernel (PK), extracted and recovered from Fresh Fruit Bunches (FFB) harvested from company estates and third-party suppliers. FY2025 results showed revenue of RM657.3 million (up 20.7% from RM544.5 million in 2024), FFB production of 314,544 MT (up 9.0% YoY), average CPO selling price of RM4,205/MT (+1.8%) and average PK selling price of RM3,200/MT (+28.2%), with gross profit of RM83.5M, PBT of RM17.1M and EBITDA of RM95.0M. The business model is commodity B2B sales at unit pricing (RM per metric tonne) to food processing companies, oleo-chemical manufacturers and commodity traders, supported by MSPO and ISO 9001:2015 certifications and an oil palm–cattle livestock integration system that reduces weeding and fertilizer costs across roughly 20,000 hectares.

Name

Rimbunan Sawit

Legal name

Rimbunan Sawit Berhad

Website

https://rsb.com.my

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Rimbunan Sawit Berhad is an integrated palm oil plantation and milling company in Sarawak, Malaysia, operating ~87,614 hectares of estates and three palm oil mills (840,000 MT/year FFB capacity) producing Crude Palm Oil and Palm Kernel for food processors, oleo-chemical manufacturers and commodity traders.

Ownership category

akta.pro rank

Product category

Palm Oil Plantation and Milling

NAICS

Fats and Oils Refining and Blending (311225), Oilseed and Grain Farming (1111), Starch and Vegetable Fats and Oils Manufacturing (31122)

SIC

Fats & Oils (2070), Agricultural Production-Crops (100)

akta.pro primary industry

Palm Oil Milling, Refining & Fractionation (AFAKAEAB)

akta.pro secondary industries

Tropical Oils & Fractions (Palm, Palm Kernel, Coconut) (AFAJALAD), Industrial Oil & Wax Crop Farming (Castor, Jojoba, Oil Palm for industrial uses) (AFAGAGAL)

Keywords

• Oil palm plantation
• Palm oil milling
• Crude palm oil
• Palm kernel production
• Fresh fruit bunches

Headquarters

HQ city

Sibu

HQ country

Malaysia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Crude Palm Oil (CPO) Sales: Sale of Crude Palm Oil produced from processing Fresh Fruit Bunches (FFB) at company-owned palm oil mills. CPO average selling price improved to RM4,205/MT in 2025 (+1.8% YoY). This is the primary revenue driver.
2. Palm Kernel (PK) Sales: Sale of Palm Kernel recovered during FFB processing. PK average selling price improved to RM3,200/MT in 2025 (+28.2% YoY), contributing to overall revenue growth.
3. Plantation Operations: The company operates oil palm plantations and processes FFB through its palm oil mills. FFB production rose 9.0% to 314,544 MT in 2025, supporting internal processing volumes and corresponding CPO and PK output.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Rimbunan Sawit is an integrated palm oil plantation and milling company that cultivates oil palm across approximately 87,614 hectares in Sarawak, Malaysia, and operates three palm oil mills (R.H. Plantation Palm Oil Mill, RSB Palm Oil Mill, and RSB Lundu Palm Oil Mill) with combined annual FFB processing capacity of 840,000 MT. The company's core products are Crude Palm Oil (CPO) and Palm Kernel (PK), extracted from Fresh Fruit Bunches (FFB) harvested from its estates and processed at its mills.

Product overview

Rimbunan Sawit Berhad is a palm oil plantation and milling company with an integrated estate-to-mill operation. The company operates three palm oil mills (R.H. Plantation Palm Oil Mill in Miri with 360,000 MT annual FFB capacity, RSB Palm Oil Mill in Miri with 210,000 MT capacity, and RSB Lundu Palm Oil Mill in Kuching with 270,000 MT capacity) and approximately 61,120 hectares of oil palm plantations across Sarawak. The core products are Crude Palm Oil (CPO) and Palm Kernel (PK), processed from Fresh Fruit Bunches (FFB) harvested from company estates and third-party suppliers. The company also undertakes sustainability practices including livestock farming integration and NCR land joint-venture developments.

Differentiator

Problem solved

Functional benefit

Products and services

• Crude Palm Oil (CPO) Primary product extracted from Fresh Fruit Bunches (FFB) processing at company-owned palm oil mills, sold to industrial buyers including food processing companies and oleo-chemical manufacturers as the main revenue driver.
• Palm Kernel (PK) Secondary product recovered from Fresh Fruit Bunches (FFB) processing and sold alongside Crude Palm Oil as a principal product contributing to revenue, primarily to oleo-chemical manufacturers.
• Oil Palm Plantations Oil palm cultivation operations spanning approximately 87,614 hectares across Miri, Kuching, and Sibu regions in Sarawak, Malaysia, producing Fresh Fruit Bunches for processing at company mills.
• R.H. Plantation Palm Oil Mill (RHPOM)
• RSB Palm Oil Mill Second palm oil mill of the group with 60 tons per hour capacity, located in Miri, commissioned in May 2017 with annual license capacity of 210,000 tons of FFB processing. MSPO certified.
• RSB Lundu Palm Oil Mill Third palm oil mill acquired in 2017 with 45 tons per hour capacity, located in Kuching region with annual license capacity of 270,000 tons of FFB processing. MSPO certified.

Quantifiable outcome

• Revenue increased 20.7% to RM657.3 million in 2025
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered minor and core.

• RH Academy and Open University MalaysiaminorStrategic or Co-development Partner · 1 January 2013Collaboration for On-Job-Training (OJT) program in Plantation Management. 11 trainees graduated in 2017 with Executive Diploma in Plantation Management. More than 300 trainees have graduated through this program since 2013. Trainees are recruited to fill vacancies at estates.
• NCR Landowners (Native Customary Rights)coreStrategic or Co-development Partner · 1 January 2003Rimbunan Sawit enters joint-venture projects with Native Customary Rights (NCR) landowners to develop thousands of hectares of NCR land into oil palm estates. Landowners receive annual incentives and job opportunities are prioritized for landowners and local community members. Some are engaged as petty contractors on field and upkeep works.

Scale indicators13 records

Recent moves9 records

Expansion highlights4 records

Regional players

• Ta Ann Holdings Berhad: Sarawak-based diversified group with plantation and timber operations. Shared Sarawak geographic base and overlapping upstream palm oil activities; also a former employer of RSB's current GM (Mill and Marketing).

Direct peers

• Sime Darby Plantation Berhad: Malaysia's largest palm oil plantation company with integrated upstream and downstream operations. Closest comparable in scale, geographic concentration in Malaysia, and CPO-focused revenue model.
• FGV Holdings Berhad: Malaysia's largest CPO producer with integrated plantation, milling, and downstream operations. Major competitor in Malaysian palm oil upstream and downstream segments.
• Sarawak Oil Palms Berhad (SOP): Sarawak-based palm oil plantation and milling company with overlapping geography. The closest geographic peer given shared Sarawak operating base and similar upstream-only profile.
• Genting Plantations Berhad: Malaysian palm oil planter with plantation and milling operations across Malaysia and Indonesia. Comparable in upstream focus and Bursa Malaysia listing, with similar CPO-driven revenue mix.
• IOI Corporation Berhad: One of the largest integrated palm oil plantation and oleo-chemical producers in Malaysia. Direct comparable in CPO/PK upstream operations and downstream refining, with broader downstream exposure that RSB lacks.
• Boustead Plantations Berhad: Malaysian palm oil plantation company with both Malaysian and Indonesian estates. Directly comparable upstream CPO/PK business with similar Bursa Malaysia listing profile.
• TH Plantations Berhad: Bursa Malaysia-listed upstream palm oil planter with Malaysian-focused estate and mill operations. Closely comparable mid-cap upstream business model to RSB.
• Kuala Lumpur Kepong Berhad (KLK): Diversified Malaysian plantation and oleo-chemical group with extensive CPO/PK operations. Highly comparable upstream business model with additional downstream integration.

Broad incumbents

• Wilmar International Limited: Asia's largest palm oil processor and major CPO/PK buyer/processor. Comparable as a buyer of CPO/PK and as a vertically integrated incumbent in the broader palm oil value chain where RSB operates.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries24 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rimbunan Sawit