Serba Dinamik lowers target growth to 15%

Group managing director and group chief executive officer Datuk Mohd Abdul Karim Abdullah said however, the company is optimistic and confident of achieving the target as it has already executed plans to increase its non-oil and gas (O&G) revenue to about 70 per cent over the next three years, while reducing revenue dependency on the O&G sector to about 30 per cent.

KUALA LUMPUR: Global integrated engineering solutions provider Serba Dinamik Holdings Bhd is targeting to grow 10-15 per cent in 2020 for both the top and bottom lines compared with previous years growth of 15-20 per cent.

This was due to disruption in progress during the Movement Control Order (MCO) following the COVID-19 pandemic which has caused global economic volatility.