TH Plantations Berhad reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MYR 216.5 million compared to MYR 219.31 million a year ago. Net income was MYR 12.28 million compared to MYR 23.05 million a year ago. Basic earnings per share from continuing operations was MYR 0.0092 compared to MYR 0.0207 a year ago.
For the full year, sales was MYR 752.03 million compared to MYR 881.26 million a year ago. Net income was MYR 46.62 million compared to MYR 68.77 million a year ago. Basic earnings per share from continuing operations was MYR 0.0329 compared to MYR 0.0675 a year ago.