Its chief executive officer Anuar Kasim said the state mentioned was within the Peninsular itself and said that the contract was a sizeable amount.
"This will happen sometime this year but its not Selangor that we are looking at," he told the Business Times after the company's annual general meeting, yesterday.
Aliran is the third largest water treatment plant in terms of volume within the country and this year it expects to expand both domestically and regionally as well.
"We have a lot of companies affiliated within us and we expect to use these synergy to create smart partnerships when we go and bid for jobs domestically or abroad. For instance we are looking at teaming up with Malakoff Corp Bhd as they are big in the Middle East," he said.
He also said the company is expanding its business from water treatment plants to constructions of treatment plants, managing sewerage and distribution as well.
"All these new business segment will contribute at least 20 per cent towards the company's revenue this year," he said.
Anuar added that the groups subsidiary Southern Water Technology Sdn Bhd had successfully secured a contract worth RM28 million from Pengurusan Aset Air Bhd for the construction of a water treatment plant in Kota Tinggi, Johor early this year.
He added that group's performance of profit after tax last year had improved from RM30.2 million in 2009 to RM34.3 million in 2010, an increased of RM4.1 million.
ENDS
No comments:
Post a Comment