PETALING JAYA: TH Plantations Bhd is expected to post better earnings, given the anticipation of a recovery in output following recently normalised weather, says Maybank Investment Bank Research (Maybank IB).
The planter recorded a headline profit after tax and minority interest (Patmi) of RM8.4mil for the first quarter of financial year 2025 (1Q25), which was down 67% quarter-on-quarter and eased 2% year-on-year (y-o-y).
