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Favelle Favco Group information


Favelle Favco Berhad
Company typePublic limited company
Traded as
MYX: 7229
ISINMYL7229OO007
FoundersEric Favelle
Edward Arthur Favelle
Edward Hastings Favelle
Harry Cole
HeadquartersLot 586, Jalan Batu Tiga Lama, 41300 Klang, Selangor, Malaysia
Websitefavellefavco.com

Favelle Favco Berhad (MYX: 7229) is a manufacturer of construction cranes under the brands Favelle Favco and Kroll.[1] The company's main plant is based at Senawang, Malaysia,[2] with production facilities and engineering offices also located in Sydney,[3] China,[4] Texas[5] and Denmark.[6]

The company's shares are traded on the Main Board of Bursa Malaysia, formerly known as the Kuala Lumpur Stock Exchange. It is partially owned by Muhibbah Engineering.

In 2012, its market capitalization was RM250 million, sales averaged RM490 million annually, and profits were RM29 million over the last five years.[7] In 2013, annual revenue for the company was approximately RM764 million, with profits of just under RM65 million.[8] In October 2014, its market capitalization was around RM700 million.[9]

  1. ^ Govindan, Kaladher (24 July 2006). "Favelle Favco Berhad: Cranks Up The Cranes" (PDF). TA Securities Holdings Berhad. p. 2. Archived from the original (PDF) on 23 November 2009. Retrieved 25 October 2014.
  2. ^ "Favelle Favco Plant".
  3. ^ "Favelle favco's Taipei tower crane topples from its testbed". Cranes Today. 5 December 1999. Retrieved 15 October 2014.
  4. ^ Mustaza, Fatin Rasyiqah (4 September 2013). "Favelle Favco powers on in China". The Edge. Archived from the original on 28 May 2014. Retrieved 15 October 2014.
  5. ^ "Malaysian moves". Cranes Today. 7 January 2005. Retrieved 15 October 2014.
  6. ^ "Facts & Figures". Retrieved 13 June 2022.
  7. ^ Cite error: The named reference StarWanYan was invoked but never defined (see the help page).
  8. ^ Horwath, Crowe; Chan Kuan Chee, James (18 April 2014). "Favelle Favco Berhad and its subsidiaries: Financial statements for the year ended 31 December 2013" (PDF). Bursa Malaysia. p. 11. Archived from the original (PDF) on 1 November 2014. Retrieved 15 October 2014.
  9. ^ "FFB:Bursa Malays Stock Quote - Favelle Favco Bhd". Bloomberg L.P. Retrieved 15 October 2014.

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