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Favelle Favco Berhad (Malaysia)

Main Activities: Agriculture, Construction, and Mining Machinery Manufacturing | Rental and Leasing Services | Management of Companies and Enterprises
Full name: Favelle Favco Berhad Profile Updated: August 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Favelle Favco Berhad is a company located in Klang, Malaysia. The company was incorporated on an unspecified date. The company has a history of over 40 years in driving crane technology forward and specializes in tailor-made, high-speed heavy lifting. Favelle Favco Group comprises two international brands, Favelle Favco and Kroll. They are known for producing the largest hammerhead crane in the world, the Kroll K10,000, and the largest luffing tower crane in the world, the Favelle Favco M2480. The company has a reputation for building the world's fastest cranes and has been involved in the construction of 9 out of 10 of the world's tallest buildings. Their range of cranes includes offshore, tower, wharf, and crawler cranes. Favelle Favco Group has four manufacturing facilities and a global workforce of approximately 700 employees. The company focuses on creating tailor-made solutions for various demanding requirements. Their product line consists of heavy lift offshore, tower, wharf, and crawler cranes. Both Favelle Favco and Kroll brands are known for their low maintenance costs and high residual value. The company continuously reinvests in technology to meet material handling applications. Favelle Favco Group, along with its dealers, offers a total lifting solution for jobsite requirements, providing up-to-date and well-maintained equipment, as well as highly trained field service personnel. Additionally, the company has been expanding its own fleet of offshore cranes built according to API standards.

Headquarters
Lot 586, 2Nd Mile, Jalan Batu Tiga Lama
Klang; Selangor; Postal Code: 41300

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Website: http://www.favellefavco.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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64.5%
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4.639%
Subsidiaries
Favelle Favco Cranes (Usa) Inc (United States)
100%
Favelle Favco Cranes Pty Limited (Australia)
100%
Favelle Favco Winches Pte Ltd (Singapore)
100%
Company Performance
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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
22.69%
Total operating revenue
21.92%
Operating profit (EBIT)
-3.91%
EBITDA
-5.65%
Net Profit (Loss) for the Period
-10%
Total assets
5.52%
Total equity
4.55%
Operating Profit Margin (ROS)
-2.45%
Net Profit Margin
-2.17%
Return on Equity (ROE)
-0.47%
Debt to Equity Ratio
-1.92%
Quick Ratio
0.03%
Cash Ratio
-0.01%

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