Charade (2) January 4, 2007Posted by elizabethwong in Current Affairs, Economy, Malaysia, Note2Self.
According to public domain information, Litrak’s 2006 annual report revealed that it recorded a nett profit of RM80 million, an increase of 43% from its nett profit at RM56 million in year 2005.
The report further showed that Litrak had set a new record after collecting RM243 million revenue for its financial year ending on March 31, 2006, as opposed to RM227 million it collected for the year before.
In other words, it’s a nett profit-making company within seven years of operation since 1998. (See Jeff Ooi)
- For a short bilingual video on the press conference today, go to Malaysiakini.tv.
- For news in Bahasa Malaysia, go to Malaysiakini/BM (subscription needed).
- For news in Chinese, go to Merdekareview.com.
- Earlier post and more details here
Online Petition here!