State Corporation Record Profits


state agricultural development corporation, Perbadanan Pembangunan Pertanian Negeri Perak (PPPNP)Perbadanan Pembangunan Pertanian Negeri Perak (PPPNP), the state agricultural development corporation has acquired a record RM16.7 million in profits this fiscal year. The profits are from the management of estates and farms owned by Perakeans. The bountiful returns have prompted the agency to donate RM5.2 million in the form of zakat (tithe) to Majlis Agama Islam Perak (Perak Religious Council) this year.

“This is the largest amount of zakat the agency has ever paid to the religious council,” said Dato’ Saarani Mohamad, Chairman of Yayasan Bina Upaya Darul Ridzuan (YBU) and Executive Councillor for Rural Development. He said this at a breaking of fast for participants of a basic agricultural course held at a community hall in Ladang Lambor, Bota Kiri recently.

After dinner, Saarani disbursed profits to 91 workers of the Lambor, Ladang Pulau Tiga and Kampung Gajah plantations which are managed by the corporation. He also gave duit raya to 91 orphans from three orphanages in the district and the 42 course participants.

The state-linked company donates a huge sum of money earned from its profits to Yayasan Perak and Yayasan Bina Upaya annually. This year the beneficiaries received RM10 million and RM20 million respectively to run their programmes.