Thursday, 29 April 2010

A quick look at Freight Management (28.4.2010)

Freight Management Holdings Bhd

Business Description:
Freight Management Holdings Bhd. The Group's principal activity is operating in the freight and forwarding industry. It offers complete multimodal international freight services covering sea, rail, air freight and tuge barge services, customs brokerage and distribution container haulage and conventional trucking services. It also operates as an investment holding company. Operations are carried out in Malaysia, Singapore, Australia and Indonesia

Wright Quality Rating: LCB1 Rating Explanations
Stock Performance Chart for Freight Management Holdings Bhd

A quick look at Freight Management (28.4.2010)

Current year prospects
The logistics sector of the Malaysian economy has seen a decline in activity due to the global economic crisis in the first half of the year 2009. Amidst early indications that the industry is moving towards recovery, the management remains cautiously optimistic in view of the prevailing uncertainties. The Group will continue its ongoing aggressive marketing efforts to boost sales and the management is actively working towards sustaining the Group’s lead position in its core business segments. Barring unforeseen circumstances, the Group is confident of some growth in the coming quarters of the financial year ended 30 June 2010.

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