FIMA CORPORATION ANNUAL REPORT 2019

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In FYE2019, the division’s
revenue declined by 4.3% to
RM134.78 million from RM140.78
million reported last year due to
a decline in the travel documents
subsegment, where the expiry of
a major supply contract in the last
financial year had significantly
weighed in on the division’s topline
performance despite strong
performance in the transport
and confidential documents
subsegments.
PBT, however, was up by 34.0%
to RM30.56 million compared to
the RM22.81 million recorded last
year as a result of favourable sales
mix, higher write back of certain
provisions as well as lower direct
costs and depreciation.
The share of results of associate
company G&D increased to RM3.73
million from RM1.70 million last
Core
Values
Innovative
Organization
Trusted
Brand
Integrated
Technology
Based Solution
New Market for
Existing Portfolio
QUALITY
• Products and services
• Deliver proven
solutions
Research &
Development
Account
Management
Design &
Origination
Product
Upgrades
Solution &
Infrastructure
Logistics Services
Technical
Support
Forensics
Government
EXCELLENCE
• Service level
guarantee, support &
maintenance of end
to end solutions
Product
Development
Strategic
Technical Partners GLC
TRUSTWORTHY
• Partner you can trust,
reliability, financially
strong
• Ethical
Business
Development
Supply
Chain
Vendor
(International)
Manufacturing Business Model
performance
review
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