ELK-Desa eyes more business from underserved segment

Interestingly, ELK-Desa also has a furniture trading business, which commenced operations in mid-2015. This business is currently focused on wholesale home furniture sales, domestically. Contribution from this segment, however, is minute at the moment with the company’s profits from hire-purchase forming more than 90% of the entire group’s earnings

Non-bank lender Elk-Desa Resources Bhd may not be on the radar of that many investors.

But unknown to them, the company has been charting decent enough growth over the past few years.