New Hoong Fatt bullish about overseas business


Chin: ‘We are trying very hard to sustain our growth.’

KUALA LUMPUR: Automotive replacement parts maker New Hoong Fatt Holdings Bhd (NHF) expects revenue contribution from its overseas business to nearly double by 2020.

Managing director Chin Jit Sin said exports currently contributed about 43% to NHF’s revenue, of which 32% was from Asean.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , NHF , capex , export , New Hoong Fatt , auto , automotive , parts , maker , klci , klse ,

   

Next In Business News

Hong Kong-listed Unity Group plans secondary listing on Bursa Malaysia
FBM KLCI rebounds after three days of losses
Bitcoin at record highs, sets sights on US$100,000
Oil heads for weekly gains on anxiety over intensifying Ukraine war
Dollar climbs to 13-month peak, bitcoin eyes US$100,000
Bank Negara international reserves up at US$118bil
Affinity in talks to buy Penang-based Golden Fresh
AirAsia founder plots low-cost Dubai-like hub in Bangkok, Kuala Lumpur
China makes moves in digital culture market
Over 90% of entrepreneurs have yet to adopt e-invoicing - expert

Others Also Read