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.