Jaya Tiasa benefits from firmer tropical log and plywood prices


KUCHING: Firmer tropical log and plywood prices have benefited Jaya Tiasa Holdings Bhd greatly as evident by a sharp increase in its earnings.

In the second quarter to Dec 31, 2013, the group pre-tax profit shot up to RM29.7mil, which was more than 10 times higher than RM2.2mil in the corresponding period in 2012. This was achieved despite a 5% drop in group revenue to RM272mil from RM286.2mil.

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Business , jaya tiasa

   

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