NHF sees higher contribution from export sales
KUALA LUMPUR: Leading automotive replacement parts manufacturer New Hoong Fatt Holdings Bhd (NHF) is aiming for its export revenue to contribute more than 60% to group earnings by 2021, up from 53% in 2017.
In a statement, the company said it recently participated in Asia's largest automotive parts and accessories trade fair, the Automechanika 2018 Shanghai, and received many prospective new sales leads from trade visitors around the globe at the event.
“We are confident of converting a portion of these leads into sales orders that will further expand our global network and enhance our presence overseas,” managing director Chin Jit Sin said in the statement.
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