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RM1.4 billion Sabah timber industry profits this year
Published on: Sunday, November 13, 2022
Published on: Sun, Nov 13, 2022
By: Jonathan Nicholas
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RM1.4 billion Sabah timber industry profits this year
MTIB Director Farydatul Nazly Zin (left), pic on the right by sabahkita.com (For Illustration Purpose Only)
Kota Kinabalu: Sabah’s timber industry remains “unchopped” by the Covid-19 pandemic with RM 1.4 billion in recorded profits this year.

Despite facing global market challenges and rising logistics costs, the country’s wooden furniture exports remained stable and maintained 2021’s export figure of RM5 billion.

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Furniture products are seen to continue to be the main contributor to Malaysia’s timber exports, which maintain performance in terms of price in the global market.
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