Panasonic Malaysia on track to achieve RM1.6bil sales

In partnership: Cheng (second from left) shaking hand with Ramco Systems Sdn Bhd vice-chairman and managing director P.R. Venketrama Raja. With them are Panasonic Malaysia deputy managing director Hiroyuki Imizu (left) and Ramco Systems chief executive officer Virender Aggarwal. — Bernama

PETALING JAYA: Panasonic Management Malaysia Sdn Bhd (Panasonic Malaysia) is well on track to achieve 5% higher sales at RM1.6bil year-on-year for the financial year ending March 31, 2017, despite flattish consumer demand and weakening ringgit.

Managing director Cheng Chee Chung said the company expected a similar 5% sales growth in the next financial year.