EG Industries plans to double revenue to RM2bil


GEORGE TOWN: EG Industries Bhd plans to double its annual revenue to RM2bil in two years, driven by the group’s expanding box-built business that manufactures products used in wearable devices and beacons.

The segment currently contributes about 5% of group annual sales. EG Industries executive chairman Terence Tea Yeok Kian said this would increase to 30% by 2018.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , EG Industries , semiconductor

   

Next In Business News

Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices
Oil rises on US crude storage draw, China imports show year-on-year gain
FBM KLCI retreats to 1,600
Volkswagen to establish Malaysia as export hub - Tengku Zafrul
Microsoft's staggering investment a technological shot in the arm for Malaysia
More job replenishment opportunities for Kerjaya Prospek
Philippines Q1 GDP grows 5.7% y/y
Ringgit opens easier against US$ ahead of OPR decision
FBM KLCI drifts as investors await fresh leads
Trading ideas: Axiata, Mega First, Vstecs, Pharmaniaga, Sarawak Cable, Paragon Globe, CIMB, IHH, Ni Hsin

Others Also Read