DESTINI AR 2017

• This business segment saw a LATNCI of RM0.35 million while revenue stood at RM20.25 million in FY2017. Comparatively, the year before this division saw a PATNCI of RM1.70 million on a revenue of RM16.30 million. • Losses were seen from higher operating expenditure on new supply contracts for defence and security vehicles as well as from the completion and handover of motor trolleys to Keretapi Tanah Melayu Berhad (KTMB). • Destini is expected to complete the delivery of 35 units motor trollies to KTMB in the third quarter of 2018. • The Group is expecting to see significant growth in this business segment, especially from the development of the Light Rail Transit (LRT), Mass Rapid Transit (MRT), East Coast Rail Line (ECRL) and High Speed Rail (HSR) lines. Destini is also exploring partnerships and strategic alliances with various local and international companies to supply and perform MRO of rail systems within Malaysia. • With its current rail capabilities, Destini has set its sights to expand its business in the Middle East region. • Additionally, the Group intends to increase its land systems MRO orders from Government agencies to increase recurring income from this business segment. Land Systems RM20.25 mil REVENUE RM0.35 mil LATNCI DESTINI BERHAD Annual Report 2017 43