SHAH ALAM, Feb 28 (Bernama) — Kumpulan Perangsang Selangor Berhad’s (“KPS Berhad” or “the Group”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) yesterday reported a steady top line, registering RM1,359.5 million in revenue for the year ended 31 December 2022, as compared with RM1,328.1 million recorded in the same period last year (“FY2021”). The steady performance for the year was achieved through the strategic execution of tactical initiatives of its core business, in part resulting in more than RM450.0 million worth of contracts. Bottom line, the profit attributable to owners of the parent (“PATAMI”) increased to RM73.7 million compared with RM57.2 million booked in FY2021, supported by the higher share of profits from associates, mainly from the disposal of Sistem Penyuraian Trafik KL Barat Sdn Bhd (“SPRINT”).
HIGHLIGHTS FOR THE QUARTER ENDED 31 DECEMBER 2022
