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10 SUNSURIA BERHAD (8235-K)
ANNUAL REPORT 2017
EXECUTIVE

CHAIRMAN’S STATEMENT

“

DEAR VALUED SHAREHOLDERS,

I AM PLEASED TO REPORT TO YOU THAT SUNSURIA
BERHAD ( “SUNSURIA” OR “THE GROUP”) HAS
PERFORMED REMARKABLY FOR THE FINANCIAL
YEAR ENDED 30 SEPTEMBER 2016 (“FY2016”),
RECORDING A REVENUE OF RM214.8 MILLION AND
A NET PROFIT OF RM49.3 MILLION, COMPARED
TO RM135.5 MILLION AND RM15.1 MILLION
RESPECTIVELY IN THE PREVIOUS 18-MONTH
FINANCIAL PERIOD.

INDEED, 93% OF THE RM214.8 MILLION
REVENUE CAME FROM THE GROUP’S PROPERTY
DEVELOPMENT ACTIVITIES, WHICH UNDERLINES
OUR FOCUS AS A PROPERTY-CENTRIC COMPANY.
IN PARTICULAR, SURIA RESIDENCE, A LUXURIOUS
545-UNITS SERVICED APARTMENT WITH FULL
AMENITIES IN THE MATURED NEIGHBOURHOOD
OF BUKIT JELUTONG, AND THE FORUM (PHASE
1),WHICH COMPRISES 264 UNITS OF RETAIL LOTS
AND OFFICES IN SETIA ALAM, CONTRIBUTED 63%
OF THE GROUP’S REVENUE.
THE FIRST COMMERCIAL COMPONENTS OF
SUNSURIA CITY WERE ALSO SUCCESSFULLY
LAUNCHED IN FEBRUARY 2016. JASPER
SQUARE, AN 86-UNIT COMMERCIAL SHOP
OFFICE DEVELOPMENT, AND BELL AVENUE,
WHICH COMPRISES 78 UNITS OF RETAIL SHOPS,
CONTRIBUTED 16% TO THE GROUP’S REVENUE.