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Tamadam Bonded Warehouse Berhad recorded group revenue of
RM81.43 million for the half year ended 30 June 2010, an improvement
of 12.3% mainly due to increase in revenue from the In-flight Catering
Division.
The Tamadam Group’s profit before tax for the first half of 2010 was
RM9.13 million which was an increase of 90.2%. The improvement was
due to the increase in revenue mentioned above and also because
the results for the similar period the previous year were affected by
provisions for doubtful debts which were significantly reduced in the
current period’s results.
Going forward, the revenue of the In-flight Catering Division is expected to increase further in the third quarter of 2010 compared to
that achieved in the second quarter of 2010. This is due to continued
enhancement of in-flight items, new routes and the coming festive
season which are expected to result in an increase in number of meals
produced.
For full details, please download and read the text of the announcements below.
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This announcement is dated 31 June 2010.
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