G+ Integration

Friday, 31 August 2012

I-Berhad Stronger Financial Year

I-Berhad, developer of the RM5 billion i-City project in Shah Alam, Selangor, reported a half-year pre-tax profit of RM3.92 million, compared to a loss of RM369,000 in the same period last year. "We expect our leisure business is an interim cashflow driver.


"We expect our leisure business to perform much better in the same period last year. The company's revenue increased by 73.5 per cent to RM19.59 million, from RM2.25 million previously. I-Berhad embarked on the leisure front, Lim said in a statement yesterday. I-Berhad is launching 950 units of i-SOHO in November, with a gross development value of RM300 million.

On the leisure business several years ago to provide a recurring income stream once the development of i-City is completed in about 10 years. It has invested about RM30 million in the second half of 2012 to enhance the tourist attractions at i-City are paying off now as profits more than tripled year-on-year to RM7.62 million, from RM11.29 million. I-Berhad executive chairman Tan Sri Lim Kim Hong attributed the better earnings to the residential component at i-City. The company launched the west wing. Lim, who owns a 65 per cent to RM19.59 million, from RM2.25 million previously.

1 comment:

  1. Ketua Belia MCA Gombak YIP JIUN HANN,
    Berkenaan bapa U (YIP KUM FOOK, MCA GOMBAK) bertiga, Empat Isteri dan kaya, itu hal U sendiri,
    Mengapa U cuba Menbangkitkan Nama NABI MUHAMMAD S.A.W. bagi menburukkan nama kebaikannya. U cuba ingat memalukan Muslim?
    Yip Jiun Hann, U bukan Muslim kami harap jangan menyetul hal Agama Muslim dan kebaikan NABI MUHAMMAD S.A.W.
    Kalau tidak kami akan ajar U seperti perkara yang terjadi di U.S.A

    Kami Yang Benar,
    RAKYAT GOMBAK

    MCA Youth chief Gombak YIP JIUN HANN,
    Concerned father U (YIP KUM FOOK, Gombak MCA) three, four wives and rich, the case U itself,
    Yip Jiun Hann, U are not Muslims we please don’t touch of Muslim’s religion and the good thing Prophet MUHAMMAD S.A.W.
    Why U try generate name of PROPHET MUHAMMAD S.A.W. for bad name of benefits. U try to remember the shameful of Muslim?
    If not, we'll teach U such things happen in the USA

    Our sincerely,
    PEOPLE GOMBAK


    ReplyDelete

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