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030
Gamuda Berhad (29579-T) • Annual Report 2012
“The improved profit performance was primarily due to higher
contributions from Bandar Botanic in Klang, and horizon hills in
iskandar, Johor.”
Placing great emphasis on environmental architecture to meet
the needs of a healthy community, much of the Horizon Hills
township is dedicated to preserving the natural environment
such as lushly landscaped parks and verdant green fields
The division achieved yet another record-breaking
performance for the third consecutive year. Buoyed
bymaiden sales fromVietnam, the division achieved
total new sales of RM1.5 billion, up 15% from last
year. unbilled sales stood at RM1.2 billion at the
end of FY2012.
Pre-tax profit for the division rose to a record RM286
million, an increase of 91% over last year. similarly,
revenue also rose 51% to RM1,067million as higher
billings were progressively booked from previous
years’ sales. Pre-tax margins also improved from
21% in FY2011 to 27% in FY2012.
The improved profit performance was primarily
due to higher contributions from Bandar Botanic
in Klang, and horizon hills in iskandar, Johor.
likewise, higher new property sales were
underpinned by strong demand at Bandar Botanic
and horizon hills in Malaysia as well as maiden
sales at Gamuda City and Celadon City in Vietnam.
For FY2012, new property sales from Malaysia and
Vietnam accounted for 75% and 25% of total sales
respectively.