TSH Resources' Attributable Profit Rises in Q3

MT Newswires

2024/11/22

TSH Resources' (SGX:TSH, KLSE:TSH) profit attributable to owners of the company was up 12% to 33.1 million ringgit in Q3, from 29.5 million ringgit a year earlier, according to a filing with the Singapore Exchange on Thursday.

Earnings per share came in at 0.0240 ringgit compared with 0.0214 ringgit in the comparable period.

Revenue was down 22% year over year to 231.9 million ringgit from 298.7 million ringgit in the year-ago period, mainly due to a decrease in revenue from the palm products segment.

The palm oil products manufacturer and distributor declared an interim single-tier dividend of 0.025 ringgit for the period.

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