Tropicana Corporation Bhd 2013 AR2
The report highlights Tropicana Corporation Berhad's financial and operational performance for the fiscal year ended December 31, 2013. The company achieved a record revenue of RM1,475.5 million, representing a 134% increase, and record new sales of RM2.16 billion. Tropicana expanded its geographical footprint across Penang, Klang Valley, and Iskandar Malaysia, growing its landbank to nearly 2,000 acres with a potential gross development value of over RM70 billion. Additionally, the company successfully lowered its net gearing ratio to 0.55 times and raised RM531.8 million through strategic land sales and private placements.
Company: Tropicana Corporation Bhd
Sector: Financials
Country: Malaysia
Year: 2013
Type: AR2
Pages: 42
Tropicana Corporation Bhd
Annual Report
The report highlights Tropicana Corporation Berhad's financial and operational performance for the fiscal year ended December 31, 2013. The company achieved a record revenue of RM1,475.5 million, representing a 134% increase, and record new sales of RM2.16 billion. Tropicana expanded its geographical footprint across Penang, Klang Valley, and Iskandar Malaysia, growing its landbank to nearly 2,000 acres with a potential gross development value of over RM70 billion. Additionally, the company successfully lowered its net gearing ratio to 0.55 times and raised RM531.8 million through strategic land sales and private placements.
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Document Details
Report Year
2013
Reporting Period
Jan 1, 2013 - Dec 31, 2013
Fiscal Year
2013
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available