Looking up: Loose oil palm being collected at a plantation. The planter would be banking on higher average selling prices of its palm products and production to ensure earnings sustainability for FY21.
PETALING JAYA: The growth prospects for TH Plantations Bhd looks promising, aided by the planter’s progressing strategic recovery plan and a boon from the multi-year high price of crude palm oil (CPO).
Analysts opined that the planter would be banking on higher average selling prices (ASP) of its palm products and production to ensure its earnings remained sustainable for the current financial year 2021 (FY21).
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