TSH expected to maintain upbeat earnings momentum, says MIDF Research | Malay Mail

📆 8/22/2020 12:10 AM
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KUALA LUMPUR, Aug 21 — TSH Resources Bhd is expected to maintain its upbeat earnings momentum, moving forward, on the back of higher crude palm oil (CPO) price and resilient fresh fruit bunches (FFB) production growth, said MIDF Research. In a note today, the research house said the group’s FFB...

Friday, 21 Aug 2020 02:55 PM MYT

“This is in contrast to the general industry expectancy of a contraction in FFB production. We are projecting the group’s FFB yield to outperform the industry trend in calendar year 2020,” it said. “Nonetheless, we are of the view that the demand for both the downstream and cocoa products will gradually improve given the resumption of business activities on easing of lockdown.”

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