KUALA LUMPUR – In the proposal to Malaysian Stock Exchange, palm oil company, TH Plantation Bhdnoted, the profit before the tax which ended on December 31st, 2014, decreased to be RM58.21 millions from RM71.04 millions which was listed in 2013. The lower profit margin made it so.

But the emitten got RM488.91 millions from RM469.95 millionns in the previous period. Bernamareported, Friday (27/2), in the seperated statement, TH Plantation booked, the fruit production and crude palm oil increased 1% and 3% for each.

Chief Executive Officer dan Executive Director, DatukZainalAzwarZainalAminuddinsaid, the fruit production slowly developed since the second semester in the year, especially in the last quarter – for the rain and flood which happened from November to December and the CPO price in the second semester was also cheaper.

He thought, 2014 was a challenge to the company and the industry. But we are successful to eleminate the effects from the challenge by increasing the production, and saving the cost in whole of our operational areas,” he said. (T3)