2009 was an unfavorable year for most property developers, marked by a global economic crisis and the rise of material costs. PKNS however maintained a respectable RM166 million PBT for the year.
The audited account for 2010 recorded RM196.6 million PBT, gearing up to RM400 million PBT for 2011.
RAM Rating Services Berhad had also upgraded PKNS' credit rating from A1 to AA.
No comments:
Post a Comment