THP Group's profit after tax ("PAT") for 2011 reached RM149.8 million, improved by 38.1% as compared to RM108.4 million in 2010 due to lower effective tax rate of 18% than statutory rate as a result of higher deferred tax asset recognised this year. Correspondingly, we achieved higher earnings per share of 24.52 sen from 18.32 sen registered last year. In 2011, THP Group also paid a windfall profit tax amounting to RM6.6 million and the special gratuitous payment commencing September 2011 of RM200 per month to the plantation workers totalling RM2.2 million.


As at the end of 2011, our balance sheet recorded an expansion of 21.6% in shareholders' funds to RM624.0 million and an increase in cash & cash equivalents to RM167.2 million (2010: RM513.4 million and RM130.6 million, respectively).