AI Summary
TSH Resources Bhd reported strong 1HFY25 core net profit (CNP), meeting 67% of Kenanga Research's and 71% of consensus full-year estimates. 2QFY25 CNP was slightly lower quarter-on-quarter but significantly higher year-on-year, driven by strong CPO and PK prices offsetting flat FFB harvest. Improved margins and lower taxes contributed to the positive results. TSH ended 2QFY25 with increased net cash but declared no interim dividend. Kenanga Research maintains a positive outlook, anticipating tight global edible oil supply in 2025-2026.
Read the original article
This article has been processed for multi-language support.
Embedded View
Related Articles
YTL Power posts record RM2.4b annual profit on higher power and telco earnings, declares four sen dividend
Porsche battery unit to cut most staff amid Europe’s EV slowdown
Hektar Asset catat hasil RM32 juta suku kedua tahun 2025
Kuching company manager loses over RM120,000 in Facebook car purchase scam
B