|
|
|
Chairman's Statement
Intraco
Group has grown rapidly in tangent with Malaysia's robust economic growth
over the past 10 years. The company, however, has always been prudent in
its business development and expansion. The group did very well in 1997
with record sales of close to Ringgit Malaysia 100 million. Business for
1998 will see some slow down, especially the building material business.
However, by changing our strategy to focus resources in servicing selective
customers and more lucrative sectors,we will still be profitable in 1998.
In this perspective, we will surf through the economic crisis just like
we did during the recession in the 1980s.
The group's long term strategy is to expand its export-oriented
businesses as well as non-export-oriented businesses that yield high returns.
We will focus and expand our plastic, ceramic, oil and gas, and selective
building material businesses.
The group will strive to grow conservatively at a good
and comfortable pace. We shall emerge even stronger after the economic
crisis.
The Management
|