Fiamma remains wary on consumer purchasing power


the group said trading conditions in FY21 are expected to remain challenging as the uncertain economic outlook continue to impact consumer purchasing power.

KUALA LUMPUR: Fiamma Holdings Bhd will continue to strengthen its trading and services arm by expanding its portfolio of electrical home appliances, sanitaryware, kitchen and wardrobe system and built-in furniture, medical devices and healthcare products.

In its annual report 2020, the group said the extension to its logistics warehouse facility would be completed in the current financial year ending Sept 30,2021 (FY21).“This will cater for future business expansion, help improve the operation and cost efficiency with increased volume and throughput rates, ” said the distributor of electrical home appliances and property developer.

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