APM AUTOMOTIVE HOLDINGS BERHAD
6
PRESIDENT’S
STATEMENT
Interior and Plastic Division, Malaysia
Electrical and Heat Exchange
Division, MALAYSIA
The products from this Division comprises air-
conditioning systems, radiators, cooling modules,
starter motors, alternators, wiper systems, and others
electrical parts.
Full year revenue was RM203.8 million, down 20%
compared to RM253.5 million achieved in 2013. The
bottom-line, however, was cushioned by favorable
trading environment and localization efforts as profit
before tax improved by 38% to RM25.2 million from
RM18.3 million registered in the previous year.
Moving forward, the Division, assisted by the
research and development group, will continue
to develop further new products and systems
to broaden its revenue base and mitigate cost
pressures.
3 Points safety belt with child
restrain system
Safety belt locking
performance test machine
Coach Leather Seat
Safety belt sewing machine
Swivel stem buckle with
detachable anchor
The Interior and Plastic Division remained the largest division, contributing 53% of the Group’s total gross revenue
and 62% of Group profit before tax in 2014. The Division posted RM848.6 million in revenue from RM988.1 million
a year ago. Profit before tax fell 30% from RM128.9 million to RM89.8 million. The lower profit before tax was
attributed to price pressures from existing OEM customers, premium freight incurred for the start-up of a new OEM
business and increase in components outsourcing costs.
The manufacturing facilities of this Division are concentrated mainly in Bukit Beruntung, close to key OEM
customers. As part of its strategic plan to further expand on its customer portfolio, the Division is extending its
presence in the north to support the growing needs in the northern growth corridor.
