MKH Annual Report 2017

The Malaysian economy remained resilient with a gross domestic product (“GDP”) growth of 6.2% for the third quarter of 2017 (Q2 2017: 5.8%) mainly due to expansion in private and public sector spending and higher export growth. Domestic inflation has been driven mostly by movements in global petroleum prices. Consequently, headline inflation increased to 4.3% in September 2017, arising from higher global prices of refined petroleum. Despite the challenging business environment, the Group managed to record a turnover and profit before tax (“PBT”) of RM 1.07 billion and RM 193.6 million respectively for the financial year ended 30 September 2017 (“FY2017”). A more detailed review of the Group’s performance is covered under the section on “Management Discussion and Analysis” in this Annual Report. CHAIRMAN’S STATEMENT On behalf of the Board of Directors and the management, it is my great pleasure to present to you the Annual Report of MKH Berhad (“the Company”, “MKH”, or “the Group”) for the financial year ended 30 September 2017 (“FY2017”). DEAR SHAREHOLDERS, Saville @ Cheras is an ongoing integrated high rise development that is directly connected to the Sri Raya MRT Station by a 7-metre sheltered link bridge 14 MKH Berhad • Annual Report 2017 Artist’s Impression