Ta Ann Holdings Bhd is riding high on strong plywood prices. It announced pre-tax profits surged 79% to RM95.18mil in the nine months ended Sept 30, from RM53.08mil, on higher revenue of RM379mil.
The timber-based group's earnings for the nine months ended Sept 30 have exceeded that for the entire preceding financial year ended Dec 31, 2003, thanks to increases in selling prices and higher export volumes of timber and related products.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!