Jaya Tiasa returns to profitability

Good showing: Jaya Tiasa’s timber products are seen in this file picture. Its timber division turned around in the fourth quarter.

PETALING JAYA: Jaya Tiasa Holdings Bhd returned to profitability in the fourth quarter ended June 30, 2021, driven by stronger revenue from the oil palm division and the turnaround in its timber division.

A lower provision for impairments in the three-month period also boosted the bottomline.