Fujiaire sees 50% growth in 2004

HOME-GROWN air-conditioner maker Fujiaire (M) Sdn Bhd expects to boost turnover by more than 50% in the financial year 2004 through new products and export markets, as well as by beefing up its domestic sales and service network. 

Executive director Tan Boon Eng said the company, one of the country's top five air-conditioner manufacturers, forecast sales to grow to RM70mil for the financial year ended September 30, 2004, up from RM45mil expected for this year.