In a filing with Bursa Malaysia, the company said the significant increase in net profit was made possible on higher output of fresh fruit bunches (FFB), a lower unit cost of production and better crude palm oil (CPO) selling prices.
PETALING JAYA: Plantation outfit TSH Resources Bhd
doubled its bottom line in the second quarter ended June 30 to RM27.7mil on a year-on-year (y-o-y) basis from RM13.84mil a year earlier.
In a filing with Bursa Malaysia, the company said the significant increase in net profit was made possible on higher output of fresh fruit bunches (FFB), a lower unit cost of production and better crude palm oil (CPO) selling prices.
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