Article: Good prospects for Grand Continental


New Straits Times
05-30-2001
Good prospects for Grand Continental
Edition: Main/Lifestyle; 2*
Section: Business

HOLDING company of the Grand Continental Hotel chain, Grand Central Enterprises Bhd booked a RM5.2 million improvement in consolidated pre-tax profit for the year ended Dec 31, 2000 to turnaround from a consolidated pre-tax loss of RM4.8 million incurred in 1999.

The pre-tax loss had been incurred on the back of a consolidated revenue of RM28.27 million.
For the year ended Dec 31, 2000 the company posted a consolidated pre- tax profit of RM397,327 on the back of a consolidated revenue of RM33.7 million.

After the 16th Annual General Meeting (AGM) of company held in Kuala Lumpur ...

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