TSH expects profit growth with higher CPO prices


  • Business
  • Saturday, 19 Jun 2004

TSH Resources Bhd expects to register a sturdy increase in profit growth this year, said executive deputy chairman Datuk Azizan Abdul Rahman. 

Growth in profits would likely be supported by higher crude palm oil prices, averaging RM1,700 per tonne, and stronger contributions from the timber flooring business as well as the biomass power plant in Kunak, Sabah, which would start operations by the end of next month, he said. 

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