PETALING JAYA: Feytech Holdings Bhd will continue to focus on serving its core original equipment manufacturer (OEM) customer base while prioritising cost optimisation, operational efficiency and disciplined capital management to maintain operational resilience.
In a filing with Bursa Malaysia, the automotive seat manufacturer said it remains active in pursuing new completely-knocked-down projects with both existing and new OEM customers.
“The Hyundai Staria project remains on track, with revenue contribution expected to commence in the third quarter.”
For its first quarter ended March 31, 2026, Feytech’s net profit rose to RM4.03mil from RM2.07mil in the previous corresponding period, primarily attributable to a more favourable product mix and improved cost absorption from higher production volumes during the quarter.
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