Tuesday, June 17, 2014

About BCB

A public listed Kedah state government-linked company is expected to continue to generate most of its revenue from the property sector in the next few years from 2014.

In 2013 the company's property division was the biggest earnings contributor - RM105.2 million in revenue and RM13.3 million in profit - which made up 45% of the total profit.

Darulaman Utama in Kuala Ketil and Darulaman Perdana in Sungai Petani are among the company's projects which hold excellent prospects and are set to boost the group's future growth, considering their strategic locations and easy access to Kulim, Baling and Penang .

Besides property, BDB also relies on the road and quarry sector, which continues to become a stable contributor to the company's revenue and profit.

Meanwhile, the construction sector contributed a lower RM11.1 million profit last year, compared with RM15.4 million in 2012. It is learnt that the division's lower revenue and profit were due to the slow progress of ongoing projects. In 2012, the Kolej Universiti Insaniah's main campus project in Kuala Ketil was the biggest contributor to the group's performance.

No comments:

Blog Archive


Please note that all data given are merely blogger's opinion. It is strongly recommended that you do your own analysis and research before investing.