KUALA LUMPUR: Ecomate Holdings Bhd expects its prospects for the financial year ending Feb 28, 2022 (FY22) to be challenging, saying that the furniture industry is highly sensitive to macroeconomic factors including the future economic prospects of the countries it exports to.
In a filing with Bursa Malaysia, the Muar-based furniture specialist pointed out that the group is involved in the design, manufacture and sale of home furniture products, and operates in four regions (Asia, North America, Australasia and Europe).