Published on: Tuesday, May 22, 2012
Kota Kinabalu: The Sabah Rubber Industry Board (SRIB) generated a pre-tax profit of RM30 million last year, said its Chairman Ahmad Bujang here Monday.He said the agency was pleased with the performance as it has registered losses the past two to three years."The pre-tax profit of RM30 million is a good sign that the agency is beginning to progress after suffering losses for several years," Ahmad said during a media luncheon with news editors, bureau chiefs and journalists at a hotel here on Monday."Therefore, we are also targeting to earn about the same amount of profit before tax this year through our new management that has gone forward to improve SRIB's image."The management has created a new environment and approaches including programmes that would benefit the people especially the smallholders in tandem with what the government aspires for the people," he said.Ahmad said the agency is currently implementing a new rubber plantation programme and re-planting rubber programme on a total acreage of 6,392 hectares involving a funding of RM40.6 million for this year.He said the agency has also planned to develop about 7,000-ha of land with rubber trees utilising RM73 million and involving about 2,500 rubber smallholders."It cannot be denied that the media plays a major role as it has been giving publicity and wide coverage on SRIB and the people of Sabah now are more familiar with the agency's roles and functions," Ahmad said.Deputy Chief Minister cum Agriculture and Food Industry Minister Datuk Yahya Hussin also attended the event along with his assistant minister Datuk Bobbey A. Suan and SRIB General Manager Datuk Harris Mathews.
Daily Express
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