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Rhong Khen International Berhad (Malaysia)

Main Activities: Furniture and Related Product Manufacturing | Management of Companies and Enterprises
Full name: Rhong Khen International Berhad Profile Updated: November 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Rhong Khen International Berhad, located in Petaling Jaya, Malaysia, is an investment holding company specializing in the manufacturing and sale of wooden furniture and components. The company, formerly known as Latitude Tree Holdings Berhad, has a strong presence in the household furniture segment, particularly in dining room and bedroom sets. They have grown from manufacturing chairs for dining room sets in 1988 to becoming a high-and-medium-end manufacturer of complete dining room, living room, and bedroom sets. The company primarily uses rubber wood as its raw material, along with oak, pine wood, and other wood-based materials. Rhong Khen International Berhad is one of the largest rubber wood furniture manufacturers and exporters in Malaysia and Vietnam. They export approximately 99% of their products to countries such as the United States, Canada, Europe, South Africa, Australia, China, and the Middle East. In addition to furniture, the company has diversified its revenue stream by venturing into the manufacturing and distribution of polyester boards, decorative wood panels, and printing of impregnated paper. Rhong Khen International Berhad operates six manufacturing plants across Malaysia, Vietnam, and Thailand, with a total floor area of approximately 8.1 million square feet. They employ around 5,900 workers. The company offers a wide range of products, including bedroom collection sets, dining room collection sets, living room collection sets, and polyester boards, decorative wood panels, and impregnated papers. They have an in-house team of designers, technicians, and developers to meet the diverse requirements and tastes of their customers in different markets.

Headquarters
12Th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13
Petaling Jaya; Selangor; Postal Code: 46200

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Website: http://www.lattree.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1994
Key Executives
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Chairman
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Managing Director
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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25.6%
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7.66%
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6.95%
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5.25%
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Subsidiaries
Great Paddy Pte. Ltd. (United Kingdom)
100%
Grob Holz Sdn. Bhd.
100%
L-Tree Resources Sdn. Bhd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
-19.68%
Total operating revenue
-19.53%
Operating profit (EBIT)
-35.38%
EBITDA
-20.97%
Net Profit (Loss) for the Period
-48.61%
Total assets
0.06%
Total equity
1.25%
Operating Profit Margin (ROS)
-0.87%
Net Profit Margin
-1.22%
Return on Equity (ROE)
-1.57%
Debt to Equity Ratio
-1.95%
Quick Ratio
0.55%
Cash Ratio
-0.37%

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