TSH core pre-tax profit up 38%

TSH Resources group chairman Datuk Kelvin Tan said

PETALING JAYA: TSH Resources Bhd’s core pre-tax profit jumped 38% to RM180mil for financial year ended Dec 31, 2017 (FY17), thanks to higher fresh fruit bunches (FFB) production and stringent cost controls.

The Sabah plantation company said it expected to sustain FFB production growth this year onwards, aided by oil palm trees with higher yielding ages in view of the increasing maturity of the trees.