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Chairman's Message
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2008 has been a bittersweet year for BPHG. As BPHG celebrates several successes and growth, the global economic crisis tremor travels across continents, inevitably rocking businesses around the globe. Commodities are suffering with record low prices and exporters are facing low overseas demand. Local banks are more selective and slant towards risk adverse steps thus making business expansion difficult.
In light of this, BPHG's 27 years of experience and solid foundation would help anchor the company throughout the market turbulence. Fortunately, BPHG is still enjoying good growth from all its business entities. Overall, in 2008, BPHG
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recorded an increase of 27% profit against 2007. Maintaining our focus on the group's value-added expansion, we had hired more specialists and doctors last year and we expect more to join us in the coming months. Currently, we have two Specialist Diagnostic Centres namely, Ipoh and Cheras. We expect to transform at least five more Diagnostic Centres to Specialist Diagnostic Centres soon.
Ultimately, Glenmarie had received its' building's Certificate of Fitness and renovation work is expected to be complete and fully-operational by the end of the second quarter of 2009.
DC Ipoh had also acquired the neighbouring land and is expected to erect a multi-storey building to accommodate more specialists' facilities.
Last year, BPDC added the Coloured Doppler Ultra-sound, Audiometry, Hearing Aids, Aesthetic Medicine and Echocardiogram services to their vast portfolio.
Meanwhile, BP Pharmacy launched their Travel Health services which comprise of the BP Travel Kit and travel vaccination at all our BPDiagnostic Centres.
BP Food Testing (BP FT) included more testing facilities to meet the growing demand attributed from the Authorities' requirement, consumers and food manufacturers. In 2009, BP will be introducing two new high-end analytical systems - Gas Chromatography Mass Spectrometry and Liquid Chromatography Quadruple Mass Spectrometry.
Lastly, I would like to thank all my diligent and committed staffs and our BPHG customers for continuously supporting us in making 2008 a successful year.
Best Wishes
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