|
|
Article: Brem targets 15pc net profit growth
- Article from:
- New Straits Times
- Article date:
- December 17, 2007
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
Sharen Kaur
New Straits Times
12-17-2007
Brem targets 15pc net profit growth
Byline: Sharen Kaur
Edition: Main/Lifestyle
Section: Business Times
Type: Company
BREM Holdings Bhd, a property and construction company, plans to grow its net profit by 15 per cent in fiscal 2008, driven by better property sales.
The company, listed on the main board of Bursa Malaysia, made a net profit of RM13.63 million for the year to March 31 2007, on top of RM129 million in revenue.
It targets revenue to grow by a tenth in 2008.
Managing director Khoo Chai Kaa said Brem is expanding and now eyeing property and construction projects in Malaysia and China. It may also bid for low-cost housing contracts in ...