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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: October 06, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 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.

Legal Address
Lot C601, Capital 3, Oasis Square,No. 2, Jalan Pju 1a/7a,Ara Damansara
Petaling Jaya; Selangor;

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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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Chairman
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Vice Chairman
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Chief Executive Officer
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Secretary
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Secretary
Ownership Details
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8.54%
Subsidiaries
First Elastic Corporation (M) Sdn. Bhd.
100%
Furniweb (Vietnam) Shareholding Company (Vietnam)
100%
Furniweb Manufacturing Sdn Bhd
100%
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
-13.98%
Total operating revenue
-14.17%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
-930.86%
Total assets
29.15%
Total equity
43.04%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-17.89%
Return on Equity (ROE)
-6.06%
Debt to Equity Ratio
7.43%
Quick Ratio
0.13%
Cash Ratio
0.21%

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