KLSE (MYR): GLOMAC (5020)
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bingo
2,677 posts
Posted by bingo > 2013-02-04 18:41 | Report Abuse
anbz, this is one good news for Glomac..
Glomac is confident of achieving RM800m in sales this year and expects to boost earnings to RM1bn in 2014. Group MD Tan Sri Fateh Iskandar Mohamed Mansor said Glomac sales has been growing at a rate of between 20% and 50% in the last five years while profit has doubled every two years. Fateh Iskandar said the company's focus in the coming 12-18 months would be on landed properties due to the remarkable rise in demand. (Malaysian Reserve)
Source: CIMB Daybreak - 04 February 2013