2009 - TDM Berhad

TDM Berhad (6265-P) 27Plantation DivisionThe Plantation Division recorded a profi t before tax of RM61.87 million,which is the second highest ever recorded in TDM Berhad’s 45 yearshistory, achieved on a revenue of RM205.34 million.While the result is commendable, the 46% and 26% difference in profi tand revenue respectively against 2008 arises from cyclical lower yieldsof Fresh Fruit Bunches (FFB) but was somewhat offset by the goodaverage price for Crude Palm Oil (CPO) of RM2,237 per metric tonne,as well as healthy results form the healthcare division and the fi rst fullyprofi table year of the food division.Operating in the most strategic positions of the value chain, thePlantation Division is involved in the cultivation of oil palm as well as theprocessing and trading of palm oil and its related products, producing25% of the palm oil from the state of Terengganu.We manage 12 oil palm estates covering 32,897 planted hectaresin Malaysia. We have also acquired 25,000 hectares out of a totalpackage of 40,000 hectares land in Kalimantan, Indonesia to ensuresustainability of the division’s revenue contributions. The plan is todevelop the Kalimantan land in stages with 3,000 hectares schedule in2010. Combined with advanced planting techniques, a reliable supplyof manpower to ensure suffi cient resources for our plantations andimprovements to yield management, will further increase our revenuestreams.