Favelle Favco Bhd.
MMYX:FAVCO1.50
MYR
+0.01
(+0.67%)
ISIN
MYL7229OO007
Return %
Stock
S&P 500
1Y
-6.83
14.20
3Y
-14.77
81.12
5Y
-36.71
68.34
Capital Structure
MYR
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in mil. unless spec.Working Capital
MYR
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in mil. unless spec.Growth Rates
MYR
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in mil. unless spec.Quarterly Revenue
MYR
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in mil. unless spec.Quarterly Earnings Per Share
MYR
•
in mil. unless spec.Quarterly Dividends Per Share
MYR
•
in mil. unless spec.Company Description
- CEO
- Chung Hui Mac
- Full Time Employees
- 388
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Lot 586, 2nd Mile Klang SE Malaysia 41300
- IPO Date
- Jun 30, 2006
- Website
- favellefavco.com
- Similar Companies
- Business
- Favelle Favco Berhad (7229.KL) manufactures and supplies heavy-lift cranes and intelligent automation solutions under the Favelle Favco and Kroll brands; its core products include tower cranes such as the record-breaking M2480DX luffing jib model with 92-meter boom and 330-tonne capacity, the Kroll K10000 with 100-tonne lift at 90-meter radius, offshore pedestal cranes up to the PC1200 model with 1,200-tonne capacity, wharf cranes like the PC250MW, crawler cranes, wind turbine cranes featuring hybrid electric luffing designs, marine winches, hydraulic systems, and material handling equipment; the company also provides design, engineering, maintenance, rental, and spare parts services for cranes, alongside integrated automation systems encompassing safety controls, gas monitoring, process analyzers, electrical meter testing, EV charger systems, and transformer monitoring for oil and gas, water, and power industries. Founded in 1923 and headquartered in Klang, Malaysia, Favelle Favco operates manufacturing facilities in Malaysia, Australia, China, the United States, and Denmark, with engineering offices supporting global projects that include constructing 12 of the world's 14 tallest buildings such as the Burj Khalifa, One World Trade Center, and Petronas Twin Towers; it maintains partial ownership ties to Muhibbah Engineering and serves construction, offshore energy, marine, wharf, and wind sectors across international markets including Australia, the US, Turkey, UAE, Taiwan, and Asia-Pacific regions. Recent developments encompass securing RM77.6 million in supply contracts in August 2025 through subsidiaries Shanghai Favco Engineering, Favelle Favco Cranes (M) Sdn Bhd, and Favelle Favco Cranes (USA) Inc. for tower and offshore cranes with deliveries through 2026, followed by RM79 million in new orders in November 2025 via Favelle Favco Cranes Pty Ltd and Favelle Favco Cranes (M) Sdn Bhd for additional tower and offshore cranes to clients including Marr Contracting, L&T Modular Fabrication Yard, and Larsen & Toubro with shipments into 2027; these orders bolster earnings for the financial year ending December 31, 2025, and beyond, building on prior milestones like the 2023 deliveries of the PC1200 offshore crane and PC250MW wharf crane, as well as the 2022 launch of the fully articulated Spider Climber and 2018 acquisition of Exact Group companies to expand automation capabilities.