| Annual · values | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating Cash Flow | -2.44 M USD | 753458 USD | 655796 USD | -166631 USD |
| Depreciation & Amortization | 160313 USD | 146161 USD | 118333 USD | 97626 USD |
| Stock-Based Compensation | — | — | — | — |
| Capital Expenditures | 281745 USD | 51519 USD | 73087 USD | 125813 USD |
| Cash Flow from Investing | -3.77 M USD | -51519 USD | -73087 USD | -116923 USD |
| Cash Flow from Financing | 7.03 M USD | -465643 USD | -442794 USD | -106199 USD |
| Dividends Paid | — | — | — | — |
| Stock Buybacks | — | — | — | — |
| Free Cash Flow | -2.72 M USD | 701939 USD | 582709 USD | -292444 USD |
WF Holding Ltd. is a Malaysia-based manufacturing company specializing in fiberglass reinforced plastic (FRP) products for industrial applications. The company focuses on designing and supplying FRP tanks, pipes, ducts, gratings, thermoplastic-lined tanks, and various custom-made components used in demanding chemical and environmental conditions. Its solutions support sectors such as chemical processing, water and wastewater treatment, and power generation, where corrosion resistance, durability, and low maintenance are critical operational requirements. WF Holding Ltd. complements its product portfolio with services that include delivery, installation, repair, maintenance, and on-site technical consultation, positioning itself as a full-service FRP solutions provider rather than a pure product vendor. The company serves customers across Malaysia, Singapore, Australia, and the broader South Asia region, with a notable share of revenue generated from Australia. Incorporated in 2023 and headquartered in Shah Alam, Malaysia, WF Holding Ltd. operates as a subsidiary of Lew Capital Private Limited, contributing to the non-energy materials segment through specialized composite infrastructure products tailored to industrial clients.