I am pleased to report another year of strong profit for Amcorp Properties Berhad. The Group achieved a profit after tax for the financial year ended 31 March 2013 of RM96.7 million, with
shareholder’s funds
standing at RM732.6 million. Our net asset per share rose 10%, from RM1.15 to RM1.27 per share. Profits for the year were derived from a mix of property projects both in London and Malaysia, such as Baker Street and Neo Bankside in Central London, the landed residential in Seri Mutiara, Kuala Lumpur and from Pajam, Negeri Sembilan.
We remain focused on our strategy of properties in both London and Malaysia, growing our engineering order books and building on our renewable energy projects. With the Malaysian economy remaining supportive of growth and London’s steady improvement, we are optimistic in realising the potential of our investments made so far.
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