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Prg Holdings Berhad (Malaysia)

Main Activities: Textile Mills | Furniture and Related Product Manufacturing | Management of Companies and Enterprises
Full name: Prg Holdings Berhad Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Furniweb Industrial Products Berhad operates as an investment holding company. The subsidiaries produces and distributes upholstery webbings, covered elastic yarn and rigid webbings, property holding. The company has diversified into niche products for the textile and apparel, furniture, automotive, food packaging and medical industries. The subsidiaries include Furniweb Manufacturing Sdn. Bhd., Texstrip Manufacturing Sdn. Bhd., First Elastic Corporation (M) Sdn. Bhd., Webtex Trading Sdn. Bhd. and Premier Gesture Sdn. Bhd. Its jointly controlled entity includes Trunet (Vietnam) Co. Ltd., which is engaged in manufacture and marketing of meat netting and rootball netting. In 1996, FMSB entered into an agreement with Autoliv Inc (formerly known as Marling Industries Plc) to transfer its seat webbing operations to the Group. Currently Furniweb has 4 plants in Vietnam and Malaysia which are located in Kampung Baru Balakong Cheras, Shah Alam and Baranang, in Selangor. In Vietnam the company mainly operates in Bien Hoa Industrial Zone, Bien Hoa Industrial Zone II, Bien Hoa City and Dong HAI Province in Vietnam. The products are available in more than 40 countries. The company was incorporated in 2001 and is based in Kuala Lumpur.

Headquarters
Lot C601, Capital 3, Oasis Square, No. 2, Jalan Pju 1A/7A, Ara Damansara
Petaling Jaya; Selangor; Postal Code: 47301

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2001
Key Executives
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Chief Executive Officer
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Chief Operating Officer
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Managing Director
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Managing Director
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Vice Chairman
Ownership Details
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7.53%
Subsidiaries
Prg Asset Sdn Bhd
100%
Prg Construction Sdn. Bhd
100%
Furniweb Holdings Limited (Hong Kong SAR, China)
54.19%
Company Performance
Financial values in the chart are available after Prg 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
42.33%
Total operating revenue
39.27%
Operating profit (EBIT)
-33.17%
EBITDA
-29.76%
Net Profit (Loss) for the Period
-39.27%
Total assets
0.89%
Total equity
14.59%
Operating Profit Margin (ROS)
-10.08%
Net Profit Margin
-8.18%
Return on Equity (ROE)
-5.49%
Debt to Equity Ratio
-9.69%
Quick Ratio
0.41%
Cash Ratio
-0.07%

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