RECENT BUSINESS ACHIEVEMENTS
• Financial
In 2013, Serba managed to achieve revenue growth of 20 percent with Group revenue of RM535 million. Nett profit has improved to approximately RM53 as per the audited accounts for the year ending 31 December 2013.
• Technical
Serba has aggressively activated R&D initiatives internally, putting strong emphasis on Green Technology Development. It produced two prototype machines that use hydrogen as a source to produce electricity. This has been submitted to the Intellectual Property Organisation (IPO) for trademark registration. The IT Team have also managed to develop a tailor-made software that is combined with RFID technology to save critical database information to locate the position and availability of items (parts, equipment and so on), to analyse real stock status through a web-based approach. This was the first such system in Malaysia and was done for an international oil company. They are able to upgrade other engineering software, namely AlignSoft™ and myPlant™, to become web-based.