1. Malaysia Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
TH Plantations Berhad

TH Plantations Berhad

5112.KL
TH Plantations BerhadMY flagMalaysian Stock Exchange
0.61
MYR
-0.01
- -
534.73MMarket Cap
TH Plantations Berhad
5112.KL
(Malaysian Stock Exchange)

Recent

price

0.61

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.62
0.71
0.52
0.53
0.55
0.52
0.64
0.78
0.59
0.56
0.63
0.86
1
0.85
1.02
1.09
1.1
Revenue per Share
0.15
0.2
0.21
0.07
0.05
0.07
0.17
0.03
-0.67
-0.26
0.02
0.08
0.08
0.05
0.09
0.1
0.1
Basic EPS, GAAP
0.26
0.22
-0.1
0.05
0.42
-0.31
-0.02
0.14
0.03
0.14
0.14
0.05
0.14
0.1
0.17
0.21
0.24
Free Cash Flow per Basic Share
0.06
0.09
0.11
0.05
0.04
0.02
0.01
0.1
0.02
- -
- -
- -
0.01
0.01
0.02
0.03
- -
Dividend per Share
0.79
0.9
0.98
0.97
0.98
1.05
1.65
1.69
1
0.75
0.76
0.84
0.89
0.91
0.96
1.01
1.02
Book Value per Share
1.16
1.34
2.06
1.72
1.74
1.75
1.98
1.93
1.24
0.93
0.96
1.07
1.48
1.49
1.55
1.62
1.64
Tangible Book Value per Share
586
611
728
881
883
884
884
884
884
884
884
884
884
884
884
884
884
Basic Weighted Avg Shares
366
435
376
470
489
455
562
688
519
494
555
761
881
752
902
961
972
Sales/Revenue/Turnover
41.71
43.96
25.79
20.91
16.75
10.67
31.23
18.24
-30.3
6.71
22.39
28.29
22.24
17.94
24.71
26.83
25.46
Operating Margin (%)
35
35
39
76
85
89
97
86
100
75
67
79
79
76
78
80
- -
Depreciation Expense
89
125
157
63
48
62
147
22
-595
-226
14
70
69
47
75
92
91
Net Income, GAAP
25
18.17
9.86
- -
- -
- -
- -
48.8
- -
- -
49.58
26.33
30.1
30.05
39.33
37.95
38.11
Effective Tax Rate (%)
24.45
28.71
41.65
13.43
9.88
13.65
26.18
3.26
-114.53
-45.89
2.52
9.23
7.81
6.2
8.34
9.55
9.32
Profit Margin (%)
71
108
27
14
-73
-145
69
54
602
674
466
465
760
765
815
790
822
Working Capital
166
150
471
998
1,089
1,129
1,175
1,196
1,200
1,215
1,130
1,002
899
866
830
721
722
LT Debt
683
819
1,513
1,586
1,614
1,624
1,827
1,776
1,095
818
850
945
1,307
1,313
1,369
1,434
1,453
Total Equity
14.59
17.03
5.86
- -
- -
- -
- -
2.09
- -
- -
2.94
7.05
5.9
4.23
6.06
7.09
6.78
Return on Invested Capital (%)
10.66
12.58
12.41
- -
- -
- -
- -
1.5
- -
- -
1.63
4.2
4.43
3.47
4.17
5.04
4.8
Return on Capital (%)
20.55
24.54
24.74
8.07
5.62
6.91
12.3
1.51
-49.91
-29.34
2.1
9.91
8.98
5.85
9.12
10.57
10.34
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
57
118
90
LT Borrowings
714
644
645
LT Finance Leases
77
77
77
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
884
884
884
Market Capitalization
464
486
605

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,136
1,150
1,151
Cash, Cash Equivalents & STI
199
245
235
Accounts Receivable, Net
46
36
33
Inventories
53
44
54
Total Current Liabilities
300
360
329
Payables & Accruals
- -
- -
- -
ST Debt
57
118
90
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.9%
11.79%
4.77%
Free Cash Flow
-33.29%
36.31%
24.08%
Net Income, GAAP
-241.89%
90.14%
22.11%
Sales/Revenue/Turnover
9.36%
12.95%
6.62%
Total Cash Common Dividend
- -
- -
48.52%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
157
198
252
294
902
2025
183
220
260
303
961
2026
189
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.02
0.03
0.09
2025
0.01
0.01
0.04
0.04
0.1
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
- -
- -
0.02
2025
- -
- -
- -
- -
0.03
2026
- -
- -
- -
- -
- -
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Business
TH Plantations Berhad, the plantation arm of Lembaga Tabung Haji, engages in the cultivation and processing of oil palm, rubber and teak plantations primarily in Malaysia and Indonesia. The company produces fresh fruit bunches, crude palm oil, palm kernel; operates oil palm estates, rubberwood harvesting, forestry plantations and palm oil mills with total milling capacity of approximately 240 metric tonnes per hour; provides management services for plantations including those on peat soil; trades fresh fruit bunches; invests in biogas projects; and lets investment properties. TH Plantations Berhad manages over 97,000 hectares of land across 38 estates and 6 mills in states including Terengganu, Pahang, Johor, Sabah, Sarawak and Kalimantan Timur, Indonesia, targeting the Malaysian market and institutional customers such as Lembaga Tabung Haji. Incorporated in 1972 and headquartered in Kuala Lumpur, Malaysia, the company lists on the Main Board of Bursa Malaysia Securities Berhad under ticker 5112.KL. In recent developments, TH Plantations Berhad partners with Cenergi SEA through a joint venture between THP Applications & Services Sdn Bhd and Cenergi RE Sdn Bhd to develop, construct and operate a 1.2 megawatt biogas power plant expected operational in 2026, with electricity sold to Tenaga Nasional Bhd under the Sustainable Energy Development Authority's FiT scheme; appoints Datuk Borhan Bachi as chief executive officer effective November 17, 2025, bringing over 35 years of palm oil sector experience from FGV Holdings Bhd; announces chief financial officer changes effective July 18, 2025; receives an offer from Lembaga Tabung Haji to acquire TH Ladang (Sabah & Sarawak) Sdn Bhd for RM518 million via issuance of new shares; and reports strong third-quarter fiscal year 2025 net profit growth of 46.7% to RM31.6 million driven by higher crude palm oil prices.