![]() “With a focus on product diversity that appeals to different palates, SugarBun has over the years catered to the changing taste of the consumers,” said Teo. On the company’s fast food and franchise division, BornOil executive director Raymond Teo said that the company currently has 69 SugarBun restaurants in Sarawak, 5 in Sabah while another 10 are in overseas markets. The statement added that “the Board is optimistic of continuing good and improved performances in the coming quarters should all our plans, barring any unforeseen circumstances, are satisfactorily carried out”. This strong financial performance was attributed to the company’s fast food and franchise, together with its mining, energy and related divisions. Profit after tax in turn leapt to RM11.99 million from the previous year’s RM7.19 million. In an announcement to Bursa Malaysia, the company said that its yearly revenue jumped more than three folds to touch RM279.96 million from the RM84.27 million recorded previously. ![]() LABUAN: For its financial year ended 31st January 2016, Borneo Oil Berhad (BornOil) recorded a sterling set of performance, coupled with its gold inventory touching unprecedented levels. ![]()
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