Highlights Of Events

Suria Capital Holdings Berhad Annual General Meeting

Suria Capital Holdings Berhad is pleased to announce that for the year ended 31 December 2018, the Company and its subsidiaries (SuriaGroup) posted higher operating revenue of RM263.8 million versus RM232.4 million in 2017, representing an improvement of 14%. This is attributed mainly to higher contributions by port operations, being the main source of revenue for the Group, and contract revenue from railway project.

In terms of gross profit, the Group registered a marginal increase of 2% to RM95.7 million in 2018 against RM94.2 million in 2017. The Group’s net profit recorded an increase of 8% at RM52.9 million in 2018 as compared to RM48.9 million in 2017. With that, Suria would be distributing a total dividend of 6.0 sen per share for the financial year 2018, representing a payout ratio of 35.4% of the net profit.

During the year, a total of 30.9 million tonnes of cargo throughput (excluding containers) was handled as against 30.3 million tonnes in 2017, representing a marginal increase of 2%. In terms of containers handled by Sabah Ports, the TEUs recorded was 386,786, the highest since 2014, increasing by 9.5% against 353,161 TEUs in 2017. Out of these, Sapangar Bay Container Port handled 68.5% of the overall TEUs.

GALLERY

Date:

27 June 2019
Sapangar Bay Container Port was announced as the Winner of the Green Port Award System (GPAS) for Year 2019 at the APEC Port Services Network (APSN) Forum held on 24 September 2019 at Cusco, Peru. The award was presented by Ms. Maria Jara Risco, the Minister of Transport and Communications of Peru and Mr. Tan Cheng Peng, the First Vice-President of the APSN Council, witnessed by Mr. Edgar Patino, the Chairman of the Board of the National Port Authority of Peru and Mr. Fei Weijun, the Secretary- General of APSN to representatives of Sabah Ports Sdn Bhd.

SBCP was recognized for the numerous green initiatives taken such as the installation of electrical Rubber Tyred Gantry Cranes, usage of LED lighting and implementation of the
Autostore Terminal Operating System which minimizes paper consumption. The APSN council further noted SBCP’s active engagement in ecological conservation through projects such as seagrass transplanting, mangrove restoration and rehabilitation projects across the port locality.

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