KUALA LUMPUR: TH PLANTATION []s Bhd saw its fourth quarter earnings rise by 88.7% to RM42.55 million from RM22.54 million a year ago mainly due to higher prices for crude palm oil and palm kernel when compared to a year ago.
It said on Monday, Feb 21 revenue rose 47% to RM128.53 million from RM87.35 million. Earnings per shares were 8.71 sen compared with 4.62 sen a year ago.
It proposed dividend payout of 12.5 sen per share. It had cash of RM130.56 million as at Dec 31, 2010.
For FY 2010, earnings rose 66.3% to RM89.48 million from RM53.81 million while revenue increased 20.2% to RM365.97 million from RM304.36 million.
It said on Monday, Feb 21 revenue rose 47% to RM128.53 million from RM87.35 million. Earnings per shares were 8.71 sen compared with 4.62 sen a year ago.
It proposed dividend payout of 12.5 sen per share. It had cash of RM130.56 million as at Dec 31, 2010.
For FY 2010, earnings rose 66.3% to RM89.48 million from RM53.81 million while revenue increased 20.2% to RM365.97 million from RM304.36 million.
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