MIDF posts RM300.8mil pre-tax profit


MALAYSIAN Industrial Development Finance Bhd (MIDF) reported yesterday a pre-tax profit of RM300.8mil for the year ended Dec 31, 2004, its best performance in seven years. Net profit was at RM224.2mil.  

The group said these figures represented an increase of 124% for pre-tax profit and a rise of 114% for net profit compared with the pre-tax profit of RM134.2mil and net profit of RM104.7mil posted for the nine-month period ended Dec 31, 2003. 

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