TSH, a Malaysian diversified palm group, released results for the first quarter ended March 2026. The net profit more than halved year-on-year to RM21.3mil, while revenue fell 25.5% to RM205.2mil. Lower sales volumes and lower average selling prices of crude palm oil and palm kernel contributed to the decline in Palm Products revenue. The CPO outlook remains influenced by various global factors and weather-related risks. The group aims to continue its new planting programmes to drive operational efficiency, yield enhancement, and sustainability initiatives to support sustainable financial performance.
The text discusses the results and outlook of TSH , a Malaysian diversified palm group, mentioning its decrease in revenue and profitability in the first quarter 2026, attributing it to lower palm products revenue, higher operating loss, and higher loss contribution from joint ventures .
The group also reports lower sequential net profit and turnover compared to the fourth quarter 2025. Factors influencing the CPO outlook are discussed, including global factors like competing oils, biofuel mandates, trade policies, and currency movements. Weather-related risks remain a source of upside risk to outlook
TSH Malaysian Diversified Palm Group First Quarter Ended March 2026 Results Revenue Profitability Palm Products Others Joint Ventures Crude Palm Oil Palm Kernel Cpo El Niño Event
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