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Freight Management Holdings Berhad (Malaysia)

Main Activities: Support Activities for Transportation | Management of Companies and Enterprises
Full name: Freight Management Holdings Berhad Profile Updated: February 07, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Freight Management Holdings Berhad provides freight and logistic services, through the subsidiary. In 1999, Freight Management pioneered containerised rail freight services between Malaysia and Thailand, taking advantage of rising trade movement with the advent of AFTA (Asean Free Trade Area). Freight is a leading International Freight Services Provider based in Malaysia offering multimodal international freight services that includes sea, land, air, tug & barge and rail. The offices are located in Port Klang, KLIA, Penang, Ipoh, Malacca and Johor to cover all the important maritime and air gateways of Malaysia. As at August 2009, Freight's total fleet of 30 prime movers and 150 trailers fully commissioned. During the financial year, the Group started its crossborder land transportation to Thailand which provided door-to-door and depot-to-depot services. On 31 December 2008, Icon Line (Malaysia) Sdn Bhd, a wholly owned subsidiary entered into a Joint Venture arrangement with Lim Kok Wee & Wimolphan Bunpala ('Lim Group') and Kittiwat Kitsiritaveewong to set up a joint venture company in Thailand known as Icon Freight Services Company Ltd ('JVCo'). The intended activity of the JVCo is to provide integrated logistics services to and from Thailand. Freight Management Holdings Berhad was incorporated in 1996 and is based in Kuala Lumpur.

Legal Address
Wisma Freight Management,Lot 37, Lebuh Sultan Mohamad 1,Kawasan Perindustrian Bandar Sultan Suleiman
Port Klang, Selangor; Postal Code: 42000

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Website: http://www.fmgloballogistics.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Ratings:
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Incorporation Date:
1996
Key Executives
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Chairman
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Director
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Director
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Secretary
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Secretary
Ownership Details
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18.37%
Subsidiaries
Advance International Freight Sdn. Bhd.
100%
Citra Multimodal Services Sdn. Bhd.
100%
FM Marine Pte. Ltd. (Singapore)
100%
Company Performance
Financial values in the chart are available after Freight Management Holdings Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
11.05%
Total operating revenue
11.62%
Operating profit (EBIT)
34.73%
EBITDA
16.29%
Net Profit (Loss) for the Period
40.59%
Total assets
2.36%
Total equity
2.42%
Operating Profit Margin (ROS)
1.16%
Net Profit Margin
0.88%
Return on Equity (ROE)
1.18%
Debt to Equity Ratio
0.68%
Quick Ratio
0%
Cash Ratio
0.13%

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