1. Malaysia Stocks

  2. •

    Process industries

  3. •

    Agricultural commodities/Milling
TH Plantations Bhd.

TH Plantations Bhd.

MMYX:THPLANT
0.49
MYR
-0.01
(-2.97%)
6.32P/E
Nov 24Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
Basic EPS, GAAP
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
Free Cash Flow per Basic Share
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
0.22
Dividend per Share
0.05
0.04
0.02
0.01
0.1
0.02
- -
- -
- -
0.01
0.01
0.02
0.03
- -
Book Value per Share
1.35
1.37
1.44
1.65
1.59
0.9
0.64
0.66
0.73
1.13
1.15
1.2
1.27
1.26
Tangible Book Value per Share
1.27
1.29
1.35
1.57
1.51
0.9
0.64
0.66
0.73
1.13
1.15
1.2
1.27
1.26
Basic Weighted Avg Shares
881
883
884
884
884
884
884
884
884
884
884
884
884
884
Sales/Revenue/Turnover
470
489
455
562
688
519
494
555
761
881
752
902
961
972
Operating Margin (%)
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
25.98
Depreciation Expense
76
85
89
97
86
100
75
67
79
79
76
78
80
- -
Net Income, GAAP
63
48
62
147
22
-595
-226
14
70
69
47
75
92
85
Effective Tax Rate (%)
- -
- -
- -
- -
48.8
- -
- -
49.58
26.33
30.1
30.05
39.33
37.95
40.17
Profit Margin (%)
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
8.7
Working Capital
14
-73
-145
69
54
602
674
466
465
760
765
815
790
816
LT Debt
998
1,089
1,129
1,175
1,196
1,200
1,215
1,130
1,002
899
866
830
721
722
Total Equity
1,586
1,614
1,624
1,827
1,776
1,095
818
850
945
1,307
1,313
1,369
1,434
1,436
Return on Invested Capital (%)
- -
- -
- -
- -
2.09
- -
- -
2.94
7.05
5.9
4.23
6.06
7.09
6.77
Return on Capital (%)
- -
- -
- -
- -
1.52
- -
- -
1.7
4.38
4.32
3.14
3.77
4.54
4.01
Return on Common Equity (%)
5.47
4.03
5.01
10.77
1.56
-54.03
-33.39
2.44
11.42
8.35
4.63
7.25
8.41
7.78

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
118
90
85
LT Borrowings
644
645
645
LT Finance Leases
77
77
77
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
884
884
884
Market Capitalization
486
605
535

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,150
1,151
1,138
Cash, Cash Equivalents & STI
245
235
211
Accounts Receivable, Net
36
33
33
Inventories
44
54
61
Total Current Liabilities
360
329
322
Payables & Accruals
- -
- -
- -
ST Debt
118
90
85
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

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

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
157
198
252
294
902
2025
183
227
260
303
961
2026
189
221
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

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
0.01
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
- -
- -
0.02
2025
- -
- -
- -
- -
0.03
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
T.S. Borhan bin Bachi
Full Time Employees
6,352
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Menara TH Selborn Kuala Lumpur WP Malaysia 50400
IPO Date
Mar 23, 2006
Website
thplantations.my
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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.