New plant helps Asia File lower production cost by over 30%


  • Business
  • Saturday, 02 Oct 2004

BY DAVID TAN IN PENANG

Asia File Corp Bhd has cut production cost by more than 30% since moving into its new RM25mil plant in Permatang Tinggi about three weeks ago. 

Group chairman Lim Soon Huat told reporters after the company’s AGM on Thursday that the cost of production had decreased due to the speed of the new machinery and lower material handling costs. 

“Because of faster production speed, our productivity has increased, thereby reducing the cost of production. 

“The new plant also enables us to save on materials handling cost. Overall, our production cost has gone down by about 35%,” he said. 

Lim Soon Huat

Lim said the group planned to develop a second phase, next to the new plant, to accommodate the group’s expansion programmenext year. 

“This second phase facility, which will have a built-up area of 12,000 sq m, is estimated to cost between RM40mil and RM50mil. 

“We plan to start construction work next June and complete the project in nine months,” he added. 

Asia File exports over 80% of its filing products, mainly to Europe.  

 ASIAFLE :  [Stock Watch]  [News]


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