TH Plantations 1Q net profit plunges 67% on lower income, high tax rate
KUALA LUMPUR: TH Plantations Bhd’s net profit for the quarter ended March 31, 2018 (1QFY18) slumped 67.42% to RM3.23 million, from RM9.92 million a year ago, dragged by lower other income, lower profit margin income on investment, as well as high effective tax rate.
