Iconic set to record first full-year profit in 14 years

Tan: One of our efforts to improve the earning visibility of Iconic Worldwide is to venture into the property industry with our maiden property project called Iconic Point.

KUALA LUMPUR: Tourism and property-based Iconic Worldwide Bhd is on track to register a full-year profit for the financial year ending March 31,2020 (FY2020), making it the first profitable financial year in 14 years for the company.

Managing director Datuk Tan Kean Tet told StarBiz that “we have undertaken some restructuring exercises within the group to cease loss-making businesses and to focus on businesses that have higher potential.