FM Global eyeing more overseas expansion


"We are still confident of achieving a steady growth for FY23, based on what we have seen in our figures historically,” says Chew.

ONE of the beneficiaries of trade flows recovery around the world is FM Global Logistics Holdings Bhd, which has been chalking up steady growth even as the Covid-19 pandemic unfolded globally.

The company had seen strong growth in the financial year ended June 30, 2021 (FY21) and FY22 when net profit had about doubled year-on-year in each of these years as it had capitalised on the increased global trade flows.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
FMGlobal , growth , JVs , expansion , warehousing , China , freightrates

Next In Business News

Izwan’s Merdeka 118 vision
EPCC push at Cypark
UWC leads the tech pack
Nestle invites Malaysian women to participate in MAGGI entrepreneurship programme
When cheap homes cost more
One property, 10 listings
Rental scams running rampant
China to crack down on 'illegal' cross-border securities
New London museum woos youths
Europe stocks lose sparkle

Others Also Read