Ipmuda looks set to return to the black

Executive chairman Beroz Nikmal Mirdin (pic) said that with the diversification wheels in motion, the group will now look into “growing the new growth engines through sustainable expansion of both brownfield and greenfield projects

PETALING JAYA: Ipmuda Bhd expects to return to profitability in the financial year 2022 (FY22) with its diversification exercise progressing as planned.

Historically known as a supplier of customised building materials, the group is expanding into renewable energy (RE) and healthcare under a new management which came on board in June last year.