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FIMA CORPORATION BERHAD
(21185-P) |
Annual Report
2016
CHAIRMAN’S
STATEMENT
On behalf of the Board of Directors, I am pleased to present the Annual
Report and Audited Financial Statements of Fima Corporation Berhad for the
financial year ended 31 March 2016.
Dear Shareholders,
FINANCIAL RESULTS AND PERFORMANCE
The Group’s revenue for the financial year ended 31
March 2016 (“FY2016”) was RM375.2 million, down
0.7% over last year’s revenue of RM378.0 million.
The Group’s profit before tax (“PBT”) for FY2016
decreased to RM77.3 million compared to RM87.8
million recorded last year. The decrease in revenue
and PBT were attributed to lower earnings contribution
from Plantation division.
Earnings per share and net assets per share for the
year stood at 21.24 sen and RM2.30 respectively.
The results reflect the challenging business
environment that the Group operates in. Lower average
price realized and lower sales volume of crude palm
oil (“CPO”) during the year had weighed down the
earnings contribution from the Plantation Division.
A more detailed review of the results and the operating
performance for the year of each of the Group’s
business divisions is set out in pages 18 to 21 of this
Annual Report.
Revenue
PBT
RM
375.2
Million
RM
77.3
Million
RM378.0 Million
FY2015
RM87.8 Million
FY2015