TSH plans new planting at steady pace

The group said it intends to pursue strategic investments in the green economy.

PETALING JAYA: Plantation company TSH Resources Bhd will be undertaking new planting at a steady pace on its unplanted land over the next few years, underpinned by its strong balance sheet.

For the fourth quarter ended Dec 31, 2023 (4Q23), TSH’s net profit dropped by 42.4% year-on-year (y-o-y) to RM25.4mil or earnings per share of 1.84 sen.