Thursday, March 10, 2011

KNM sees potential EBITDA of RM363m for FY11, RM564m for FY12

KUALA LUMPUR: KNM GROUP BHD [] has set an internal target of potential earnings before interest, tax, depreciation and amortisation (EBITDA) of RM363 million for FY11 against expected total revenue of RM2.4 billion.

It said on Thursday, March 10 the potential EBITDA for FY12 was RM564 million on the back of an expected revenue of RM3.4 billion.

KNM said the potential EBITDA was released during its recent briefing for analysts on March 7.

'The above EBITDA and revenue figures are strictly KNM Group's internal management targets based on its current order backlog and tender book, and these figures have not been reviewed or confirmed by the external auditors.

'The targets are merely internal management targets or aspirations set to be achieved by the company and are not intended to be an estimate, forecast or projection,' it said.

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