Time Engineering confident of achieving KPI targets for next three years

PETALING JAYA: Information technology (IT) infrastructure service provider Time Engineering Bhd expects to achieve its key performance indicators (KPI) of an average revenue growth of 15% and minimum earnings before interest, tax, depreciation and amortisation margin of 15% for this year till 2011.

For the first quarter ended March 31, Time Engineering posted net profit of RM6.89mil, compared with RM12.17mil in the previous corresponding quarter. Chairman Datuk Mohd Khalil Mohd Noor said for this year the 15% revenue growth would translate to about RM177mil.