Favelle Favco Berhad

Kuala Lumpur Stock Exchange 7229.KL

Favelle Favco Berhad Revenue for the year ending December 31, 2023: USD 166.42 M

Favelle Favco Berhad Revenue is USD 166.42 M for the year ending December 31, 2023, a 23.48% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • Favelle Favco Berhad Revenue for the year ending December 31, 2022 was USD 134.78 M, a -7.82% change year over year.
  • Favelle Favco Berhad Revenue for the year ending December 31, 2021 was USD 146.21 M, a 6.24% change year over year.
  • Favelle Favco Berhad Revenue for the year ending December 31, 2020 was USD 137.62 M, a -18.02% change year over year.
  • Favelle Favco Berhad Revenue for the year ending December 31, 2019 was USD 167.87 M, a 30.95% change year over year.
Key data
Date Revenue Gross Profit Operating Income EBIT
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Kuala Lumpur Stock Exchange: 7229.KL

Favelle Favco Berhad

CEO Mr. Chung Hui Mac
IPO Date Aug. 15, 2006
Location Malaysia
Headquarters Lot 586, 2nd Mile
Employees 508
Sector Industrials
Industries
Description

Favelle Favco Berhad, an investment holding company, engages in the design, manufacture, supply, service, trading, and leasing of cranes under the Favelle Favco and Kroll brands in Malaysia and internationally. It operates through Cranes and Intelligent Automation Group segments. The company offers offshore oil and gas pedestal, tower, shipyard, and other heavy lifting equipment cranes. It also provides design, engineering, and maintenance services for integrated automation solutions, process analyzers, and specialized equipment for various industries. In addition, the company designs, fabricates, trades in, services, and rents winches, hydraulic systems, and material handling equipment; supplies spare parts for cranes; and offers crane maintenance and management services. Further, it provides integrated industrial automation solutions on the design, engineering, and testing and project management of plant instrumentation, as well as its related maintenance services; and engineering services on the installation, commissioning, and maintenance of environmental and process analyzers. Additionally, the company engineers and trades in specialized equipment used in the oil and gas industry. The company was founded in 1923 and is headquartered in Klang, Malaysia. Favelle Favco Berhad is a subsidiary of Muhibbah Engineering (M) Berhad.

StockViz Staff

January 15, 2025

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