Chairman Statement – Micro Tools & Machineries


Chairman Statement

I am pleased to present to you the annual chairman statement for Micro Tools & Machineries, a company that provides high-quality products and services to technology-centric platforms such as bearings and units, seals, mechatronics, lubrication solutions and services.

 Despite the challenging economic conditions that have prevailed over the past year, Micro Tools & Machineries has managed to deliver impressive results. We have continued to expand our product portfolio, improve our services, and increase our global presence. Our focus on innovation, quality, and customer satisfaction has helped us to maintain our position as a leading provider of technology-centric solutions.

Mohd.Harun Ur Rashid


During the past year, we have witnessed significant changes in the global economic landscape, which have presented both opportunities and challenges. Despite these challenges, our commitment to excellence has enabled us to deliver strong financial results. Our revenues increased by 10% compared to the previous year, while our operating profit margin remained stable at 18%. We continued to invest in research and development, which has helped us to maintain our competitive edge in the market.

We have made significant progress in our efforts to expand our global presence. We have opened new facilities in key markets, which has helped us to improve our supply chain and reduce delivery times. Our customer base continues to grow, and we have strengthened our relationships with existing customers through our commitment to providing high-quality products and services.

At Micro Tools & Machineries, we understand that our success is closely linked to the well-being of the communities in which we operate. We are committed to making a positive impact on the environment and society. We have implemented various initiatives to reduce our carbon footprint, including the use of renewable energy and the implementation of energy-efficient practices in our facilities. We have also continued to support local communities through various philanthropic initiatives.

As we look ahead, we are confident that Micro Tools & Machineries will continue to grow and thrive. We will continue to focus on innovation, quality, and customer satisfaction, and we will strive to maintain our position as a leading provider of technology-centric solutions.

On behalf of the board of directors, I would like to express our gratitude to our employees, customers, and shareholders for their continued support and dedication to Micro Tools.

Mohd.Harun Ur Rashid