TSH Resources Berhad Posts Robust Q3 and 9M 2025 Results, Driven by Higher Palm Product Volumes and Strong Pricing
Link: https://links.sgx.com/1.0.0/corporate-announcements/O0T6K0QALPGZI9G2/cdb705f9d53558d3dedf4af12ba2efea0dd8e8cddb393c17832b03036266bfd8
Summary:
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Q3 2025 revenue rose 14% year-on-year to RM263.7 million; 9M 2025 revenue up 11% to RM807.8 million, led by higher palm product volumes and selling prices.
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Core profit before tax surged 74% to RM86.0 million for the quarter and 67% to RM234.1 million year-to-date.
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Net profit attributable to owners doubled to RM153.8 million versus RM73.8 million for 9M 2024; group profit for the period up 105% at RM178.6 million.
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Strong operational gains in palm products offset higher Indonesian export levy/duty; palm oil segment drove results with a 12% rise in revenue and 58% higher operating profit for 9M 2025.
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Earnings per share for 9M 2025 reached 11.62 sen, up from 5.35 sen in the prior year.
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Group maintains robust balance sheet with total equity at RM2.26 billion and net cash position.
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Management remains optimistic for FY2025 with CPO prices stable above RM4,000/MT, despite potential headwinds from rising production and global volatility.