GEORGE KENT (M) plans to expand its export markets in regions such as south and central Asia and eastern Africa,driven primarily by its OEM business.

Chairman - TAN KAY HOCK said the Company's water metering products were well placed to capture a higherpercentage of the OEM market for water meters and other brass-related products. This was due to its strong qualityaccreditations as well as competitive pricing, he said.

TAN said the export markets, including Britain, New Zealand, Australia and Asean, currently contribute 30% to 40%to the Company's revenue. TAN was also quoted by the STARONLINE on Aug 23, 2008 saying that the Company was keen to undertakemore water infrastructure projects in countries such as Chinaand India to generate long-term stable recurring income.

Through its investment, GEORGE KENT currently has a 22-year concession, beginning in 1997, to supply processedwater in Papua New Guinea. Locally, the company was awaitingthe results of a bid to provide intake facilities and pumpingstation worth about RM400mil in the Pahang-Selangor interstateraw water transfer project.

TAN said the global economic uncertainty and inflationarypressures did not affect GEORGE KENT's performance as it wassupplying household necessities.

TAN said that the Company expected revenue for FYE Jan 31,2009 (FY09) to be substantially higher than that in FY08.

GEORGE KENT recorded Net Profit of RM1.9m on Revenue ofRM25.6m for 1QE Apr 30, 2008 compared with RM1.8m and RM16.4mrespectively in the previous corresponding quarter in 2007.TAN said one of the challenges was managing the purchases ofraw materials such as brass, copper and zinc, which continuedto experience price increases due to high demand, particularlyfrom China.(By KLSETRACKER.com)