TH Plantations posts RM578mil loss in last quarter

28 Feb 2019 - The Star Online
PETALING JAYA: TH Plantations Bhd has posted a massive RM578mil loss in the last quarter ended Dec 31, as newly appointed chief executive officer (CEO) Muzmi Mohamed begins the painful task of turning around the embattled company. For the financial year 2018 (FY18), the group made a net loss of RM594.6mil. ...
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Weaker performance from TH Plantations due to large impairments

27 Feb 2019 - The Star Online
KUALA LUMPUR: TH Plantations Bhd reported a weaker set of results for the fourth quarter and financial year ended Dec 31, 2018 weighed down by impairments for its plantation assets, lower output and fair value loss in forestry. TH Plantations reported net losses of RM578.23mil in Q4 and RM594.61mil in ...
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TH Plantations may see more red in Q4FY18

12 Feb 2019 - The Star Online
KUALA LUMPUR: TH Plantations’ upcoming Q4 FY18 results may include asset impairment(s) to clean up its balance sheet, Maybank Investment Bank Research says as it lowers its target price (TP) by 20% to 59 sen from 74 sen. It said on Tuesday the lower TP was to incorporate potential negative earnings ...
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Muzmi Mohamed appointed TH Plantations CEO

16 Jan 2019 - The Star Online
KUALA LUMPUR: TH Plantations Bhd has appointed Muzmi Mohamed as its chief executive officer, effective Feb 11, 2019. A filing with the stock exchange shows that Muzmi has filled the post left vacant in the wake of Datuk Seri Zainal Azwar Zainal Aminuddin's resignation in Aug 20 last year, shortly after ...
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TH Plantations puts CEO Zainal Azwar on garden leave

14 Aug 2018 - The Star Online
KUALA LUMPUR: TH Plantations Bhd said its CEO and executive director Datuk Seri Zainal Azwar Zainal Aminuddin was put on garden leave by its board of directors from Aug 14 until further notice. The company, in a filing with Bursa Malaysia on Tuesday, did not offer any reason for the decision. During ...
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TH plantations posts 5% weaker Q2 earnings at RM7.19mil

21 Aug 2017 - The Star Online
KUALA LUMPUR: TH Plantations Bhd posted weaker profits of RM7.19mil in the second quarter of its current financial year from RM7.58mil in the same quarter last year. Revenue for the quarter was 17% higher at RM155.43mil compared to the same period last year owing to higher production and sales volume ...
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