JCorp profit doubles to RM1.4bil, group exceeds RM1bil mark for first time


A hospital owned by JCorp. KPJ Ipoh Specialist Hospital. The group plans to build more hospitals to strengthen its current network of 26 private specialist hospitals in Malaysia and abroad.

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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