TSH earnings to be supported by steady crude palm oil prices

TA Research said the company was cautiously optimistic about its 2024 financial performance.

PETALING JAYA: TSH Resources Bhd’s prospects remain promising, supported by steady crude palm oil (CPO) prices this year.

The plantation company – whose core net profit rose to RM22.7mil for the first quarter ended March 31, 2024 (1Q24) from RM3.6mil in 1Q23 – expects CPO prices to hold at current levels of RM3,500 to RM4,000.