KUALA LUMPUR: TSH Resources saw its second quarter net profit jump by 227% to RM19.82mil from the RM6.05mil a year ago, boosted by higher revenue due to the recovery in crude palm oil (CPO) and palm kernel prices.
It said on Wednesday its revenue rose by 13.1% to RM210.56mil from RM186.06mil due to higher average CPO and PK selling prices and higher fresh fruit bunches (FFB) production.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
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!