PETALING JAYA: Johor Corp’s (JCorp) pre-tax profit for the year ended Dec 31, 2013 doubled to RM1.37bil, exceeding the RM1bil mark for the first time in its history.
The Johor state-owned conglomerate said in a statement that the better result was due to its strategic business transformation plan that saw growth in its plantation, healthcare and property development segments which all contributed 85% to its profits.
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