TSH Resources Berhad on Wednesday posted a net profit of RM222.9 million for the year ended Dec 31 2025, up 41 per cent year-on-year (YoY) from RM158.3 million, lifted chiefly by stronger contributions from its core palm-products division.

Basic earnings per share rose to 13.98 sen from 9.83 sen a year earlier. The board declared a first and final single-tier dividend of 5.0 sen per ordinary share, payable on 15 April 2026 to shareholders on the register as at 15 April. The payout matches the aggregate 5.0 sen distributed for FY24, but will now be delivered in one tranche following a new policy that sets a minimum payout of 30 per cent of group net profit.

Group revenue increased 4 per cent YoY to RM1.06 billion (FY24: RM1.02 billion), driven by higher crude palm-oil (CPO) selling prices and stable fresh-fruit-bunch production. Segmentally, palm products contributed RM1.01 billion in external revenue and RM325.8 million in pre-tax profit, up 40 per cent YoY. The “Others” segment, which houses biomass power and downstream wood products, recorded a wider pre-tax loss of RM15.8 million versus RM12.7 million previously, weighed by softer panel-product demand.

Pre-tax profit climbed 38 per cent to RM303.2 million. This included RM15.9 million in profit from associate Innoprise Plantations and RM1.3 million from joint-venture refinery and power units. The group booked RM4.6 million in impairment on bearer plants and a RM1.7 million fair-value loss on forest-plantation assets.

Operating cash flow strengthened to RM321.3 million (FY24: RM240.6 million), underpinning a year-end cash balance of RM397.3 million against RM263.4 million previously. Net gearing turned to a modest 0.14 times from 0.11 times as the company deployed RM115.7 million to buy back 98.2 million shares during the year, lifting treasury-share holdings to 112.9 million.

Looking ahead, TSH said it will continue replanting at its Indonesian estates, expand biogas capacity and pursue yield-enhancement initiatives to sustain margins amid volatile commodity prices. The revised dividend policy, together with a “robust” cash position, underscores management’s confidence in delivering sustainable shareholder returns despite evolving market conditions.