TSH to see core earnings growth in FY21, says Maybank IB


KUALA LUMPUR: Maybank Investment Bank Research maintained its "buy" recommendation on TSH Resources Bhd on expectations of core earnings growth in FY21 due to higher crude palm oil (CPO) average selling price and despite Indonesia's new CPO export tax structure.

The research house said the group reiterated its expectation of strong output growth in FY21 after two years of tepid growth.

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