United Plantations Bhd reported preliminary consolidated book value as at December 31, 2011. For the year, book value per share was MYR 9.59 compared to MYR 8.51 a year ago. Return on equity was 19.85% compared to 15.50% a year ago. For the year 2012, the Board of Directors was of the opinion that the results might not be better than 2011.