TSH Resources sees rising CPO output


for the nine-month period ended Sept 30, 2018 (9M18), the plantation company posted a core PBT of RM81.9mil.

KUALA LUMPUR: Rising palm oil output at TSH Resources Bhd helped the company mitigated the impact of lower crude palm oil (CPO) prices in the second quarter ended June 30.

The average selling price of CPO dropped to RM2,283 per tonne in the second quarter, compared with from RM2,656 a tonne registered in the same quarter last year, the company said in a statement on Thursday.

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