KUALA LUMPUR: Selangor Dredging Bhd (SDB) posted the highest net profit over the last 10 years at RM62.17 million for the financial year ended March 31 2014, compared with RM48 million in the previous year.
This was achieved on the back of a turnover of RM377.2 million, up from RM278.8 million in the previous year.
Its managing director, Teh Lip Kim said the group achieved new sales amounting to RM840 million, of which RM 634 million was from developments in Malaysia and Singapore.
SDB group's unbilled sales totalled at RM1.04 billion and its property arm plans to launch more projects in the Klang Valley and Singapore.