New Hoong Fatt Holdings Bhd.
MMYX:NHFATT1.28
MYR
0.00
(0.00%)
ISIN
MYL7060OO006
Return %
Stock
S&P 500
1Y
-11.72
14.20
3Y
-17.15
81.12
5Y
11.30
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Jit Sin Chin
- Full Time Employees
- 849
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Klang Malaysia
- IPO Date
- Apr 25, 1998
- Website
- newhoongfatt.com.my
- Similar Companies
- Business
- New Hoong Fatt Holdings Berhad is a Malaysia-based investment holding company engaged in the manufacturing, marketing, and distribution of automotive replacement body parts and accessories. Founded in 1977 and headquartered in Klang, Selangor, Malaysia, the company operates primarily through two core business segments: Manufacturing and Trading. Under its Manufacturing segment, New Hoong Fatt produces metal and plastic automotive replacement body components, supported by in-house computer-aided design, tooling fabrication, stamping dies, and plastic injection mould manufacturing. Its metal product portfolio includes automotive door panels; engine hoods and bonnets; front and rear fenders; trunk and boot lids; tailgates; roof panels; quarter panels; bumper reinforcements; floor pans; radiator core supports; and chassis cross members. Its plastic product catalog comprises front and rear bumper covers; radiator grilles; headlamp and tail lamp covers; side door mirror assemblies and housings; door handles; mudguards and wheel arch liners; body side mouldings; spoilers; and engine splash shields. The company markets these replacement parts under proprietary and affiliated brand names, including NHF and Auto-Pal. Under its Trading segment, the company markets, wholesales, and distributes an extensive selection of automotive replacement components, consumables, and general accessories. Its distributed product offerings include genuine and aftermarket mechanical spare parts; engine components; automotive electrical equipment; lighting systems; automotive glass and windscreens; suspension and steering parts; cooling systems; and lubricants. The company distributes products to automotive parts wholesalers, retailers, collision repair workshops, insurance panel repairers, and fleet operators across Malaysia, while exporting to more than 50 countries across Southeast Asia, Greater China, the Middle East, Africa, Latin America, Europe, and Oceania. Key operating subsidiaries include New Hoong Fatt Auto Supplies Sdn. Bhd., Auto-Global Parts Industries Sdn. Bhd., NJ Auto Metal Parts Sdn. Bhd., PT New Hoong Fatt Auto Parts Indonesia, and New Hoong Fatt Auto Parts (Shanghai) Co., Ltd. In recent operations, New Hoong Fatt has executed several strategic, operational, and sustainability initiatives to enhance productivity and expand market coverage. The company has upgraded its production infrastructure by commissioning automated robotic stamping press lines, precision laser cutting machinery, and energy-efficient plastic injection moulding systems at its primary manufacturing complex in Klang. To accommodate growing export volumes and enhance domestic fulfillment efficiency, the group has expanded its centralized warehousing and distribution facilities, integrating digital warehouse management systems. In addition, the group has broadened its new product development and tooling pipeline to manufacture replacement body components tailored for modern passenger vehicles, sport utility vehicles, and new energy and hybrid vehicle models. In alignment with corporate sustainability goals, New Hoong Fatt has installed and operationalized large-scale rooftop solar photovoltaic systems across its principal manufacturing plants to reduce carbon emissions and lower energy costs. Concurrently, the group has continued to strengthen direct overseas distribution networks and localized inventory support across Southeast Asian growth markets, particularly in Indonesia and Thailand.