"We have been provided new insights and a forward-looking view on the company’s financial performance."

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Francis Leung, Owner - Ijen Enterprises Limited

Spotlight: Ijen Enterprises Limited

The problem

We are a premium packaging manufacturer with a 40-year history. We have a growth plan to expand into new geographical markets as well as to acquire new clients. Availability of funding has always been an issue as our business has been working capital heavy. We needed to have a high calibre FD/CFO to help us raise funds. It turned out that Edmand brought more in the way of support than just our funding needs.
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The solution

Edmand is responsive and has provided new insights to us, not only on how to manage the bank accounts but a holistic and forward-looking view on the company’s financial performance. This has led to increased awareness and improvement on key performance indicators such as profitability ratios, working capital days to name a few. Edmand also actively supports us to establish other banking relationships to provide additional sources of funds to support further growth.
Ijen Enterprises head office building
The numbers that realy matter 6%
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Numbers matter. But not just profit and balance sheet numbers. We asked Francis what is the number that really matters to him?

Our profitability improved by 6 % from April 2019 to March 2021.

A 'thank you' to my CFO.

"I wish I had engaged The FD & CFO Centre earlier as the support from Edmand is invaluable."

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