Wednesday, 14 November 2018

Executive Director's Message

bod"…throughout unpredictable 2016, TMP was able to sustain its business resilient…"


Even with the uncertain domestic and global markets affecting every local port operations throughout unpredictable 2016, TMP was able to sustain its business resilient achieving growth with total revenue of RM28.55 million reflecting RM4.69 million (19.7%) increase as compared to RM23.86 million registered in the previous year.

Despite being financial prudence, the pre-tax profit came down to RM0.6 million against RM0.8 million in 2015 mainly due to increase in operating & administrative expenditure of RM25.34 million as compared to RM20.81 million in 2015, reflecting RM4.54 million (21.8%) increase. Under such circumstance and in term of revenues, I still recognize the performance for the period under review was better than previous years.

In term of operation performance, TMP did not perform as well as the previous year based on comparison with the indicators on turnover and container throughput volumes for both years. However, the Management is continually focusing on achieving its main objectives and working hard for strategies to increase productivities and revenues though faced with the economy downturn. We are confident to develop alternative markets to increase revenue alongside with cost efficiency and performance improvement while maintaining a strong drive ensuring optimum utilization of our manpower and equipment’s to cope with the demands of our customers to the standard as an international integrated port.

Having Evergreen Marine Corporation Malaysia Sdn Bhd making TMP as one of their ports of call since 22nd March 2016 with their extensive service network from North Asia and the Pacific markets through local feeder MTT Shipping Sdn Bhd reducing transit time by 50%, we can anticipate bigger volume of containers via TMP to facilitate trade growth in this region of the State.

Finally, I would like to take this opportunity to express my appreciation and gratitude to the business associates, Tanjung Manis Port Authority, the State Government, the Ministry of Infrastructure Development and Communications, and the Ministry of Resource Planning and Environment. We look forward to their continuing support to propel TMP forward. My grateful thanks also go to our untiring Chairman and fellow Directors for their invaluable advice and guidance during 2016. Together, we look forward to pursuing new heights of excellence and striding confidently into 2017.

 

HAJJAH SADIAH TU
Executive Director
Tanjung Manis Integrated Port Sdn. Bhd.


 

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