OverviewSuggest Edit
Furniweb is a company that produces covered elastic yarn and furniture webbing. Furniture webbing is mainly used in making sofas in the furniture industry, whereas covered elastic yarns are mainly used in the textile, apparel, food and agriculture industries. Rigid webbings are used in making fabric panel reinforcement strap, safety harness, lifting sling.
| Type | Public | |
| Founded | 1987 | |
| HQ | Seri Kembangan, MY | Map |
| Website | furniweb.com.my |
Locations
Key People/Management at Furniweb
Lim Heen Peok
Cheah Eng Chuan
Lua Choon Hann
Cheah Hannon
Furniweb Office Locations
Furniweb Financials and Metrics
Furniweb Revenue
| MYR | |
|---|---|
Revenue (H1, 2019) | 50.5m |
Gross profit (H1, 2019) | 11.6m |
Gross profit margin (H1, 2019), % | 22.9% |
Net income (H1, 2019) | (4.2m) |
Market capitalization (3-Mar-2021) | 263.2m |
Closing stock price (3-Mar-2021) | 0.5 |
Cash (30-Jun-2019) | 23.6m |
EV | 274.0m |
| MYR | FY, 2016 |
|---|---|
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 1.6 x |
Furniweb Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| FIPB International Limited | ||
| Furniweb Manufacturing Sdn. Bhd. | ||
| Furniweb Safety Webbing Sdn. Bhd. | ||
| Furniweb (Vietnam) Shareholding Company | ||
| PP Retail Pte. Ltd. | ||
| Premier Elastic Webbing & Accessories (Vietnam) Co., Ltd. | ||
| Premier Management International Limited | ||
| Syarikat Sri Kepong Sdn. Bhd. | ||
| Texstrip Manufacturing Sdn. Bhd. | ||
| TS Meditape Sdn. Bhd. |
Furniweb Revenue Breakdown
Furniweb revenue breakdown by business segment: 11.8% from Other products, 36.2% from Webbing and 52.1% from Elastic textile
Furniweb revenue breakdown by geographic segment: 17.9% from North America, 10.0% from Europe, 25.8% from Asia Pacific (excluding Malaysia and Vietnam), 36.9% from Vietnam, 9.1% from Malaysia and 0.3% from Other
Furniweb Cybersecurity Score
Furniweb Online and Social Media Presence
Furniweb's Trends
Furniweb Frequently Asked Questions
When was Furniweb founded?
Furniweb was founded in 1987.
Who are Furniweb key executives?
Furniweb's key executives are Lim Heen Peok, Cheah Eng Chuan and Lua Choon Hann.
How many employees does Furniweb have?
Furniweb has 833 employees.
What is Furniweb revenue?
Latest Furniweb annual revenue is RM92.6 m.
What is Furniweb revenue per employee?
Latest Furniweb revenue per employee is RM111.1 k.
Who are Furniweb competitors?
Competitors of Furniweb include Cideron, Elastic Cord and Webbing and National Spinning.
Where is Furniweb headquarters?
Furniweb headquarters is located at Lot 1883, Jalan KPB 9, Kg. Bharu Balakong, Seri Kembangan.
Where are Furniweb offices?
Furniweb has offices in Seri Kembangan, George Town, Hong Kong and Bien Hoa City.
How many offices does Furniweb have?
Furniweb has 4 offices.
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