Electrical & Mechanical Services Trading Fund reports $4bln revenue

The trading fund expects its business to remain steady as its post return on revenue at 11.8%.

The Electrical & Mechanical Services Trading Fund saw $4.13 billion in revenue in 2009-10, while return on revenue was 11.8%, higher than the 9.7% in previous year.

Director of Electrical & Mechanical Services Stephen Chan said the fund has, after analysing its core strengths and role in the community, made adjustments to optimise its performance, according to a Electrical & Mechanical Services Trading Fund report.

A new internal structure has been put in place since April to facilitate convenient and efficient communication between clients and senior management of the trading fund.

Under the new internal structure, the corporate support units can focus exclusively on strategic planning and marketing to better support the operating units. A revised Electrical & Mechanical Services Trading Fund vision, mission and values statement also came into effect early this year to help staff better understand the trading fund's priorities so continuous improvements can be made in the right direction.

Mr Chan expects the fund's business to remain steady with some growth in 2010-11 and the next few years. The trading fund will continue to work hard to enhance productivity and improve quality of service so as to maintain its vitality and competitiveness.