The Plantation Division recorded a revenue of RM338.0 million and PBT of RM37.5 million. CHAIRMAN’S STATEMENT The Indonesia’s new administrative capital, Nusantara, in East Kalimantan signifies a positive development for the region where our plantation is located. Businesses are well positioned to benefit from the increased economic activities, job creation and improved infrastructure associated with this new capital. Our Building Materials Trading Division has introduced two trademarked product lines, EGON ironmongeries and CASCADA sanitary fittings, designed to meet the aesthetic requirements of modern residential and commercial projects, enhancing the overall prestige of the property. This division also produces ready-mix concrete to our MKH Boulevard II and MIRAI Residences @ Kajang 2 Precinct 1 projects. Up to date, it has surpassed 100,000m3 of ready-mix concrete production. This financial year also marks a remarkable year for this division as it has attained its record RM100 million annual sales revenue which further reinforce its success in the trading industry. Aerial view of our plantation estate Estate Managers and Assistant Managers MKH BERHAD | ANNUAL REPORT 2023 15
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