BUILDING VALUE AT OUR CORE SEC 5 66 From left • Amirul Hadi Azlan - CEO, Felda Travel Sdn Bhd • Mohd Izam Pariz Zamri - Group Accountant, Logistics and Support Division • Fakhrunniam Othman - Group Divisional Director, Logistics and Support Division • Kamaradin Selamat - CEO, FGV Johor Bulkers Group of Companies • Jainal Ismail - CEO, FGV Transport Services Sdn Bhd • Abdul Rasheed JanMohammed - CEO, FWQ Enterprises PVT (LTD) PROFIT BEFORE TAXATION RM148 million 2022: RM104 million FINANCIAL PERFORMANCE REVENUE RM479 million 2022: RM389 million GROUP BUSINESS REVIEW The Logistics and Support Division achieved a remarkable 42% increase in profit before taxation, rising to RM148 million from RM104 million in the previous year. This growth was driven by a 12% increase in profit from the Logistics segment, primarily attributed to the improved handling rates in the bulking business, despite decreased in throughput volume and tonnage carried. Furthermore, the improvement was also driven by the higher profitability recorded by the IT segment. * The revenue in the Bulking and Transport Segments included both external and internal revenues. REVENUE* PROFIT BEFORE TAXATION BULKING AND STORAGE TRANSPORT RM272 million 2022: RM306 million RM2 million 2022: RM9 million RM298 million 2022: RM254 million RM131 million 2022: RM110 million
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