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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