Tropicana Corporation Berhad Annual Report 2018

TROPICANA CORPORATION BERHAD 58 ABOUT TROPICANA OUR STRATEGIC PERFORMANCE OUR LEADERSHIP SUSTAINABILITY AT TROPICANA SUSTAINABILITY STATEMENT ECONOMIC PERFORMANCE • Management Discussion and Analysis: pages 23 to 29 • Performance at a Glance: pages 30 to 31 • Financial Highlights and Insights: pages 32 to 33 • Value Added Statement: page 34 • Audited Financial Statements: pages 97 to 218 Value Added (RM’mil) 542.07 Share of profits of associate and joint ventures RM965,000 Value Distribution (RM’mil) 542.07 RM170.97mil Reinvestment and Growth (depreciation and amortisation, retained income) RM140.40mil Government (Corporate taxation) RM130.62mil Employees (Salaries and other staff costs) RM100.08mil Providers of capital (Dividends, finance costs and non-controlling interests) Economic Contributions Further information on our economic performance can be found in: 170.97 130.62 140.40 100.08 Net Operating Income RM540.65 mil G uided by our unique Tropicana DNA, Tropicana continues to focus on driving growth and maximising long- term shareholder value. Tropicana’s key strength lies in our ability to develop and introduce new and innovative concepts at our townships and integrated developments as we are cognisant of evolving market dynamics, consumer aspirations, life-cycle needs as well as demands. Backed by an experienced team with the goal of delivering beyond customer expectations, we have emerged as one of the leading property developers in Malaysia. For the financial year ended 31 December 2018, Tropicana registered a revenue of RM1.64 billion while its profit before tax stood at RM320.23 million. We will continue to focus on enhancing our strategy and goals in the property development and management segment in order to deliver long-term sustainable growth and shareholders’ value. The chart below illustrates our value distribution to our stakeholders for the year in review. Tropicana acknowledged as one of the Top Ten Develop in Malaysia at The Edge Property Excellence Awards 2018