Ta Ann’s Q3 earnings soars boosted by CPO sales volume


Ta Ann mill: Group posts sharp increase in CPO sales volume for Q3.

KUCHING: Ta Ann Holdings Bhd’s latest quarterly earnings have soared, boosted by a sharp increase in the sales volume of crude palm oil (CPO), export tropical logs and plywood products.

Group’s pre-tax profit in third quarter ended Sept 30, 2014 (3Q-2014) surged by RM15.1mil or 33% to RM61.2mil from RM46.1mil in 3Q-2013 as revenue grew by RM67.9mil or 31% to RM284.7mil.

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Business , Ta Ann

   

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