PIC sees revenue and pre-tax profit growing 15%


  • Business
  • Saturday, 14 Aug 2004

BURSA Malaysia second-board candidate Progressive Impact Corp Bhd (PIC) expects its revenue and pre-tax profit to grow 15% this year from last year’s RM38mil and RM12.6mil respectively, driven by strong demand for environmental services from its multinational oil and gas clients. 

The group, which was awarded a 20-year concession by the Department of Environment (DOE) to monitor the country’s air and water quality, plans to dramatically increase the contribution from the private sector in the near term, group executive director Hassan Hussain said. 

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