On the group’s 2021 performance, Ang is confident that the group’s revenue would surpass the RM1bil mark, up from RM961mil in 2020.
GEORGE TOWN: Thong Guan Industries plans to be an RM2bil group with a pre-tax profit of RM200mil by 2027.
Group managing director Datuk Ang Poon Chuan (pic below) told StarBiz that the group would invest RM300mil over the next six years to achieve its goal.“Over the next six years, we expect to see the group achieving a 10% to 15% compounded annual growth rate (CAGR).
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