Further to the key performance indicators implemented by the Government on GLC, Sime Darby Bhd has indeed achieved some remarkable results.
According to its group chief executive Datuk Ahmad Zubir Murshid the positive results were attributed to the planned strategies executed two years ago, which saw the group focusing on its core business, disposing of its none core assets and optimising on its capital structure.
Incidentally for the for the year under review, the group has achieved the following results:

• For the financial year ended 30/6/2006, it reported a 40 per cent surge in net profit to a record RM1.12 billion against RM801.2 million before, on the back of an 8 per cent revenue growth to RM20.16 billion and
• In the fourth quarter, it registered a 61 per cent rise in profit to RM401.7 million from RM250.1 million previously, on a 6 per cent revenue growth to RM5.41 billion and
• Sime Darby announced a total gross dividend of 30 sen per share, a 15 per cent rise from 26 sen per share previously. This translates into a RM575 million payout from the group or a payout ratio of 51 per cent.

As part of GLC, Sime Darby is indeed walking the talk to achieve its key performance indicators. Let’s hope other GLC are following suit.