TH Plantations Berhad reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MYR 172.51 million compared to MYR 250.45 million a year ago. Net income was MYR 5.31 million compared to MYR 9.76 million a year ago. Basic earnings per share from continuing operations was MYR 0.0009 compared to MYR 0.011 a year ago.
For the six months, sales was MYR 318.89 million compared to MYR 448.56 million a year ago. Net income was MYR 16.79 million compared to MYR 31.35 million a year ago. Basic earnings per share from continuing operations was MYR 0.0089 compared to MYR 0.0355 a year ago.