PHOTO: BLOOMBERG[KUALA LUMPUR] Malaysia’s SD Guthrie, one of the world’s largest palm oil producers, said on Tuesday (Aug 11) that it expects production to be impacted in 2027 and 2028 with El Niño set to bring drier and hotter weather. SD Guthrie posted a net profit of RM987 million (US$241.3 million) for the April-June period, almost double the RM505 million from a year earlier. In a statement on its second-quarter results, SD Guthrie said its performance was underpinned by gains from its industrial development and downstream segment. That helped offset the decline from its upstream business, which was partly cushioned by higher average crude palm oil (CPO) and palm kernel prices. Malaysia’s benchmark CPO prices have climbed 18 per cent to RM4,723 a metric ton so far this year.