TSH Resources Bhd reported a net profit of RM64.5 million for the quarter ended Sept 30, 2025, up 76 per cent year-on-year (YoY), driven by stronger crude palm oil (CPO) prices and higher fresh-fruit-bunch (FFB) output.

Quarterly revenue rose 14 per cent YoY to RM263.7 million. Basic earnings per share climbed to 4.34 sen from 2.40 sen. The board did not declare an interim dividend.

Performance was anchored by the Palm Products division, which generated RM249.9 million in revenue (+14 per cent YoY) and an operating profit of RM92.9 million (+66 per cent). Average CPO and palm kernel selling prices firmed to RM3,765 per tonne (+2 per cent) and RM3,138 per tonne (+26 per cent) respectively, while CPO sales volume advanced 13 per cent to 52,163 tonnes. FFB production added 9 per cent to 202,510 tonnes.

The “Others” segment, comprising wood products, cocoa and biomass power generation, recorded revenue of RM13.7 million (+5 per cent) but widened its operating loss to RM3.2 million, mainly on lower rubber prices and an inventory write-down in the wood unit.

On a year-to-date basis, group revenue increased 11 per cent to RM807.8 million and net profit more than doubled to RM178.6 million. Palm Products contributed RM254.7 million to operating profit for the nine-month period, offsetting a RM10.4 million loss in the Others division.

Looking ahead, the company expects CPO prices to hold above RM4,000 per tonne, supported by steady demand, though rising production in the fourth quarter could exert downward pressure. Management said the group’s net-cash balance sheet and ongoing replanting and mechanisation programmes position it to deliver a “satisfactory” full-year performance, while continued efficiency gains are targeted to lift oil yield and contain costs.