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Ramly Group Eyeing RM2b Revenue Target with Factory Opening End-2017

Ramly Group Eyeing RM2b Revenue Target with Factory Opening End-2017

KUALA LUMPUR, Jan 13 — Ramly Group, the firm behind the iconic, Malaysian-born “Ramly Burger” brand, expects revenue to double to hit the RM2 billion mark once its new factory opens at the end of 2017, founder and managing director Datuk Ramly Mokni said.

“The current factory has hit its maximum capacity so we can’t increase output until our new factory starts operating in 2017,” he told reporters here at The Ramly Food Processing Centre in Taman Perindustrian IKS.

“We expect our sales to increase to an RM2 billion annual turnover, which will be double our current business turnover of RM1 billion.”

He added that the new factory, dubbed the Ramly Production Complex, which will be located at the Halal Hub Industrial Park in Pulau Indah, Klang, will be producing 300 metric tonnes a day on its own in its first phase of operations, a four-fold increase in output for the firm.

Ramly Group currently exports to six countries ― Singapore, Thailand, Indonesia, Myanmar, Cambodia and Bangladesh.

Datuk Ramly Mokni speaks after touring the Ramly Food Processing Centre in Kuala Lumpur, January 13, 2016.

With the opening of the new factory, Ramly said the firm will look into exporting to more countries like those in the Middle East, Japan and Korea, among othrs.

“Today if we produce five million patties, the next day we are selling five million patties. So the demand for our products is very high,” he said.

“We have the capability to expand to more countries, it is only our capacity of production that is holding us back.”

The new factory which will cost a total RM1 billion, he said, will look to rely on automation to reduce costs, and will kick off operations in three phases beginning end-2017.

Ramly said at present, there are approximately 25,000 burger stalls in the country, with a majority of these serving Ramly products, each earning an estimated RM2,000 to RM3,000 a month in their casual venture with the Ramly Group.

The Ramly brand was founded in 1984 by Ramly and his wife Datin Shala Siah Abdul Manap, who continue to head the company until today.

– See more at: http://www.themalaymailonline.com/money/article/ramly-group-eyeing-rm2b-revenue-target-with-factory-opening-end-2017#sthash.KPjOf89H.dpuf

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