PARAMOUNT Corp Bhd, a property developer and operator of Kolej Damansara Utama (KDU), expects its current year's profit to be below that of last year, according to its chief executive officer Teo Chiang Quan.
Teo told reporters after the company's AGM and EGM in Subang yesterday that the group's profits before tax last year were 30% higher than 2001.
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