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Article: MD: Economic downturn won'thave major impact
- Article from:
- New Straits Times
- Article date:
- May 11, 2009
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New Straits Times
05-11-2009
MD: Economic downturn won'thave major impact
Edition: Main/Lifestyle
Section: Business Times
Type: Company
QUALITAS Medical Group Ltd, which is listed on Singapore's Catalist market, expects to at least maintain its profit this year and is hopeful of an 8 per cent growth.
For the year to December 31 2008 it made a net profit of RM6.07 million on the back of RM62.17 million revenue.
"In the first quarter, we did better than we had budgeted and we expect things to improve in the fourth quarter," chairman and managing director Datuk Dr Noorul Ameen said in an interview. "We are resilient and do not see a major impact on our business as a result of the economic ...