Amcorp Properties Berhad (“AMPROP” or “Group”) recorded an increased profit after tax of RM87 million for the financial year ended 31 March 2016, surpassing the previous financial year’s profit after tax of RM37 million.  This enhanced the Group’s earnings per share to 13 sen and net assets per share have risen to RM1.47 per share.  The Group’s shareholders’ funds stood at RM994 million as at 31 March 2016.  The Board has proposed a total dividend of 6 sen per share or 12% consisting of a final dividend of 3 sen and a special final dividend of 3 sen.
The Group will continue to be a niche developer and leverage on its partnership with well-known and reputable overseas partners in undertaking projects in prime central areas of key developed cities. Towards this, the Group has acquired the knowledge and insight in foreign property markets to quickly capitalize on opportunities that come our way. We will continue to be agile and vigilant to adjust our investment or development strategy to suit the current market conditions.
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