Ge-Shen sees better days ahead

TheStar Sat, Jul 18, 2020 08:00am - 3 years View Original


“We are seeing the readjustments currently happening in the global supply chain - we are in discussions with a number of potential customers who want to have a supply base outside of China, ” its executive director Louis Lau tells StarBizweek.

Ge-Shen Corp Bhd hopes to capitalise on any opportunities that may arise from the ongoing US-China trade war as it sees the global supply chain adjusting to new geopolitical realities.

The company, a manufacturer which has factories in Penang, Johor and Vietnam, is in talks with new potential customers at the moment.

It had been impacted by the trade war prior to this, as sales had fallen in its financial year 2019 (FY19 ended Dec 31) resulting in it posting a pretax loss of RM9.9mil last year.

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