FYE2020 Key Focus Areas
Strengthen
nationwide
support services
Local and
international
strategic
partnerships
Shift
towards
end-to-end
solutions
Customer
retention
Develop talent
and subject matter
experts in
technology-based
security solutions
CORE
VALUES
QUALITY
• PRODUCTS AND SERVICES
• DELIVER PROVEN SOLUTIONS
EXCELLENCE
• SERVICE LEVEL GUARANTEE,
SUPPORT & MAINTENANCE OF
END TO END SOLUTIONS
TRUSTWORTHY
• PARTNER YOU CAN TRUST,
RELIABILITY, FINANCIALLY STRONG
• ETHICAL
RESEARCH
& DEVELOPMENT
PRODUCT
DEVELOPMENT
BUSINESS
DEVELOPMENT
INNOVATIVE
ORGANIZATION
ACCOUNT
MANAGEMENT
STRATEGIC
TECHNICAL PARTNERS
SUPPLY
CHAIN
TRUSTED
BRAND
DESIGN &
ORIGINATION
LOGISTICS
SERVICES
PRODUCT
UPGRADES
TECHNICAL
SUPPORT
SOLUTION &
INFRASTRUCTURE
INTEGRATED
TECHNOLOGY
BASED SOLUTION
GOVERNMENT
GLC
VENDOR
(INTERNATIONAL)
NEW MARKET FOR
EXISTING PORTFOLIO
FORENSICS
Revenue for FYE2020 was RM134.00 million which represents a marginal y-o-y decrease of 0.6% from RM134.78 million
achieved in the previous year. Revenue performance was undermined by a combination of secular declines in volumes
as well as changes in order patterns for certain product segments. The travel and transport documents segments, which
have cumulatively generated RM110.99 million representing a combined y-o-y revenue growth of 3.4% remains the leading
contributor to the division’s revenue at 70.4%. The stamps, postal & banking documents subsegments have also delivered
notable improvements with revenue growing 11.4% from last year thereby offsetting the decline in other product segments.
Profit before tax declined 15.0% y-o-y to RM25.99 million mainly attributable to the less favourable sales mix. Heightened
competition within the security printing industry and general economic conditions have served to further increase pressure
on the division’s profit margins.
The share of results of our associate company Giesecke & Devrient Malaysia Sdn Bhd was down from RM3.73 million last year
to RM1.96 million.
Manufacturing Division : Year of Challenge
kumpulan Fima Berhad
(197201000167)(11817-V)
Annual Report 2020
33