SILVER Bird Group Bhd, which is installing the single largest stand-alone bakery in Asean costing RM100mil, is confident it can double its net profit for the fiscal year ending Oct 31 to RM20mil, from RM10mil last year.
“The plant will not only help Silver Bird lead the industry in Malaysia but also allow the company to expand its business offshore when the time is right,” group managing director Datuk Jackson Tan told reporters in Kuala Lumpur yesterday after the company’s transfer to the MSEB main board.