Dear friends
This month Thplant should report a better result
Why should it be so?
See our explanation
Take a look at these Figures
Refer Bursa Website
TH PLANTATIONS BERHAD |
Production figures for current quarter and year to date |
Individual Quarter (quarter) | Cumulative Period | |||||
Current Year Quarter | Preceding Year Corresponding Quarter | Changes (Amount / %) | Current Year To - Date | Preceding Year Corresponding Period | Changes (Amount / %) | |
31 December 2023 | 31 December 2022 | 31 December 2023 | 31 December 2022 | |||
PLANTATION | ||||||
Crude Palm Oil (MT) | 42,196.64 | 45,689.60 | -7.64 | 151,128.05 | 152,211.46 | -0.71 |
Fresh Fruits Bunches (MT) | 248,618.47 | 208,375.20 | 19.31 | 787,741.14 | 695,824.42 | 13.21 |
Palm Kernel (MT) | 10,471.67 | 11,515.78 | -9.07 | 38,878.95 | 38,082.54 | 2.09 |
Production figures for current quarter compared with immediate preceding quarter |
Current Quarter | Immediate Preceding Quarter | Changes (Amount / %) | ||
31 December 2023 | 31 December 2022 | |||
PLANTATION | ||||
Crude Palm Oil (MT) | 42,196.64 | 42,013.86 | 0.44 | |
Fresh Fruits Bunches (MT) | 248,618.47 | 233,706.07 | 6.38 | |
Palm Kernel (MT) | 10,471.67 | 11,115.68 | -5.79 |
From above we SEE ffb Year on Year Qtr is up by 13.21%
And Quarter to Quarter FFB also up by 6.38%
Since Thplant has resumed dividends last year we think Thplant will also give dividend this year
Take a look again at the Last Qtr Result
SUMMARY OF KEY FINANCIAL INFORMATION30 Sep 2023 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
30 Sep 2023 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2022 | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 216,639 | 213,392 | 535,524 | 661,947 |
2 | Profit/(loss) before tax | 28,548 | 23,881 | 60,947 | 81,394 |
3 | Profit/(loss) for the period | 21,055 | 16,144 | 39,821 | 52,684 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 17,553 | 14,367 | 34,339 | 45,721 |
5 | Basic earnings/(loss) per share (Subunit) | 1.50 | 1.13 | 2.37 | 4.68 |
6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.7900 | 0.7900 |
Last qtr earns 1.5 sen
Annualised 4X1.5 sen
= 6 sen
At 55 sen with Eps 6 sen
The yield is 10.9%
And P/E is 9.16
Thplant deals with down to earth FFB & Cpo plus some Timber
Very solid and stable
The Assets remain as Stated at Old Book Value and increasing in value every year
Warmest Regards
Calvin Tan
Please buy or sell after doing your own due diligence
Created by calvintaneng | Aug 30, 2024
Created by calvintaneng | Aug 30, 2024
calvintaneng
Post removed.Why?
2024-02-13 06:55