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TDM eyes higher profit this year

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TDM eyes higher profit this year Empty TDM eyes higher profit this year

Post by hlk Fri 26 Apr 2013, 18:16

KEMAMAN: TDM Bhd (TDM) expects to record a higher profit this year, contributed by its healthcare segment and its oil palm

plantation arm.



Chairman Datuk Roslan Awang Chik said of its 40,000 ha landbank in
Kalimantan, Indonesia, 11,000 ha of planted area is expected to mature
next year, and TDM is building a RM80 million palm oil mill there.


TDM expects its 30,000 ha oil palm plantation in Terengganu to also contribute to the profit.



"We also expect profit to come from our four healthcare centres,
which are operating here and in Kuantan and Kuala Lumpur," he told
Bernama when met at the handing over of house keys to TDM staff at
Kompleks TDMB in Padang Kubu here.








Roslan said last year the company posted a profit for the third year
in a row of RM149 million, compared to RM220.6 million in 2011 and
RM197 million in 2010.-- Bernama
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