APM AUTOMOTIVE HOLDINGS BERHAD
8
PRESIDENT’S
STATEMENT
Our operations outside Malaysia continue to grow in both revenue and profitability. This Division posted revenue
of RM74.5 million for the year, an increase of 89% from RM39.5 million recorded in 2013. The impressive growth
was a result of the acceptance of our products by the local OEM customers after much persistent marketing
efforts and aggressive export market penetration.
Likewise, profit before tax for the year was at RM3.0 million compared to a loss of RM0.2 million (excluding the
RM10 million net gain of divestment of shares) previously.
Presently, we have manufacturing capabilities in 3 countries namely, Vietnam, Indonesia and Australia and have
established good working relationship with local OEM customers and to a wider suppliers’ network. We are
leveraging this network to penetrate replacement markets for APM products.
Manufacturing facilities are currently being built in Thailand while the manufacturing plant in Indonesia will be
operational by end 2015. These activities are in line with the strategic transformation and growth process of the
Group in its progress to be a regional automotive manufacturer.
OperationS Outside Malaysia
GEOGRAPHICAL Diversification
