It can't get any worse for Abric, can it?


  • Business Premium
  • Saturday, 12 Apr 2003

SECURITY labels and seals maker Abric Bhd has definitely seen better times. Its chief financial officer William Soong and chief operating officer (COO) Derek Wong readily admit that the past two years have been nightmarish for the group given that it has had to face one negative force after another. 

But while the outlook for world economy is still murky given the hard-to-assess impact from the just ended US-Iraq war and the outbreak of severe acute respiratory syndrome (SARS), Soong and Wong concede that perhaps things may pick up for the group, which has businesses spanning across the United States to Europe and Asia, from this point onwards. 

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