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Date : 28 September 2012

OTHERS TH PLANTATIONS BERHAD'S HALF YEARLY UPDATE ON HEADLINE KEY PERFORMANCE INDICATORS ("KPI") FOR FINANCIAL YEAR 2012

TH PLANTATIONS BERHAD

TypeAnnouncement
SubjectOTHERS
DescriptionTH PLANTATIONS BERHAD'S HALF YEARLY UPDATE ON HEADLINE KEY PERFORMANCE INDICATORS ("KPI") FOR FINANCIAL YEAR 2012
TH Plantations Berhad ("THP") wishes to announce its half yearly update on performance for financial year ending 31 December 2012. These half yearly announcement have been set and agreed by the Board of Directors of THP, as part of the broader KPI framework that THP has in place, as prescribed under the Government-Linked Companies Transformation Programme, and is disclosed on a voluntary basis.
PERFORMANCE OF HALF YEARLY FINANCIAL YEAR 2012 HEADLINE KPIs

No.
KPIs
2012
(Target)
2nd Quarter 2012
(6 Months Unaudited Group Results)
1.
Return on Equity (ROE)
19.0%
5.4%
2.
Fresh Fruit Bunches (FFB) yield per mature hectare
22.07 mt/ha
9.17 mt/ha
3.
Dividend
To distribute approximately 50% of Group's Annual PATAMI
To distribute approximately 50% of Group's Annual PATAMI

Note:
During the second quarter ended 30 June 2012, THP has declared and paid first and single tier dividend of 12.5 sen per share in respect of financial year ended 31 December 2011 as approved by shareholders at THP's Annual General Meeting on 25 April 2012 amounting to RM64.52 million.


Announcement Info

Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT    
Date Announced28 Sept 2012  
CategoryGeneral Announcement
Reference NoTP-120927-59571
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