Advanced Information Forecast
-----------------------------------------------------------------------------------------------------
Apr 18, 2006 - New Straits Times


Loyalty programme services provider, Advance Information Marketing Bhd (AIM), expects to record an 18.4 per cent growth in net profit this year as it expands locally and abroad.

The company has forecast a net gain of RM9 million this year. Revenue is expected to rise by some 13 per cent to RM41.6 million in 2006.

Its chief executive officer Nyang Koon Seng said the double digit growth is achievable as the company continues to expand in the regional market and at the same time boost its presence at home by targeting five industries.

"While AIM Group has established its presence in the managed loyalty industry as a Business Process Outsourcing solutions provider, we will be looking for suitable partners particularly in Indonesia, China and Thailand for further growth,"he said.

Nyang said the five targeted segments in Malaysia includes financial institutions where AIM is currently a key player, retail, FMCG (fast moving consumer goods), telecomunnications and transportation.