Thursday, July 7, 2011

George Kent targets to double profit every 3 yrs

KUALA LUMPUR: GEORGE KENT (M) BHD [] is planning to double its net profit every three years on the back of stronger order book for both its water meter manufacturing and CONSTRUCTION [] divisions.

It has also confirmed that it has submitted a bid for construction jobs for the MRT Ampang line.

'We are one of the bidders for the MRT Ampang line. We cannot say anything else about that but wait for the announcement. In any case, we are keen on jobs announced by the government and have placed competitive bids,' said its chairman Tan Sri Tan Kay Hock on Thursday, July 7.

George Kent is also said to be one of the bidders for the RM5 billion double tracking job from Gemas to Johor Bahru.


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