ISLAND and Peninsular Bhd (I&P) is moving towards achieving a pre-tax profit of RM200mil for the year ending Jan 31, 2004. Of this profit, 65% is expected to come from its plantation division and the balance from property and trading, chairman Datuk Mohd Zuki Kamaluddin said.
“We achieved RM111mil in pre-tax profit in the last financial year and with the strengthening of our plantation and property divisions, we are very optimistic,” he told a media briefing after the company’s AGM yesterday.
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