Favelle Favco Berhad () is a manufacturer of
construction cranes under the brands Favelle Favco and
Kroll
Kroll is a German, Anglo-Saxon, and Scottish surname.
Notable people with the surname include:
* Colin Kroll (1983/4–2018), American businessman; co-founder of Vine and HQ Trivia
* Eric Kroll (born 1946), American photographer
* Fredric Kr ...
.
The company's main plant is based at
Senawang
Senawang is a suburb in Seremban, Negeri Sembilan, Malaysia. It is administered by the Seremban City Council.
It is at the south of Seremban neighbouring two districts, Rembau and Kuala Pilah.
Neighborhood
* Lavender Heights
* Taman Banda ...
, Malaysia,
with production facilities and engineering offices also located in
Sydney
Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...
,
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
,
Texas
Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...
and
Denmark
)
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, song_type = National and royal anthem
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, subdivision_type = Sovereign state
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...
.
The company's shares are traded on the Main Board of
Bursa Malaysia
Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offeri ...
, formerly known as the
Kuala Lumpur Stock Exchange The Kuala Lumpur Stock Exchange (KLSE; ms, Bursa Saham Kuala Lumpur) dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organisation dealing in securities in Malaya. In 1937, it was re-registered as the Malayan ...
. It is partially owned by
Muhibbah Engineering.
In 2012, its
market capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders.
Market capitalization is equal to the market price per common share multiplied by t ...
was
RM250 million, sales averaged RM490 million annually, and profits were RM29 million over the last five years.
In 2013, annual revenue for the company was approximately RM764 million, with profits of just under RM65 million.
In October 2014, its market capitalization was around RM700 million.
Company history
Muhibbah Engineering acquired Favelle Favco in 1995.
Products
The company produces
offshore cranes with lift capacities of up to 1,000 tonnes.
In July 2013,
RHB Research reported that 85% of Favelle Favco's 2013