Salcon confident of meeting RM20mil pre-tax profit: CEO


  • Business
  • Wednesday, 23 Jul 2003

Salcon Bhd, which is aiming for a KLSE main board listing in the first week of September, is confident of achieving more than RM20mil in pre-tax profit for the year ending July 31 compared with RM12.5mil the previous year, said chief executive officer Lim See Teok. 

“For the six months ended Jan 31, we had already achieved RM123.3mil turnover and RM11.5mil in pre-tax profit, which is about 80% of the profit for the whole of last year,'' he told reporters after signing an underwriting agreement with AmMerchant Bank Bhd in Kuala Lumpur yesterday. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Thai c.bank says intervenes to ease baht volatility, policy rate 'robust'
Indonesia's central bank delivers surprise rate rise to support rupiah
E-commerce bolsters consumption
The art of branding
ACE Market-bound Farm Price aims to raise RM24.5mil from IPO
PCG to focus on advancing growth initiatives, strengthening operational performance
The bead generation
HSS Engineers declares 1.21 sen dividend on strong FY23 financial performance
Asian FX gain as dollar droops, stocks track Wall Street higher
I-Bhd announces RM100mil investment pledge from major shareholder

Others Also Read