This could be the beginning of the end for furniture industry’s super profits


Better margins: Furniture exporters such as Poh Huat, Lii Hen Industries and Latitude Tree have seen their net profit margins improve significantly since 2013.

IT will no longer be all smooth sailing for furniture makers, after a good run in the last three years that resulted from a weaker ringgit.

For one thing, customers would have been knocking on their doors asking for discounts following the ringgit rout.

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Business , furniture , ringgit

   

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