More efficient: Wong Engineering‘s plant in Kulim, Kedah. The company’s improvement in financials is attributed mostly to cost improvement and better operational efficiency.
THE name Wong Engineering Corp Bhd may not ring a bell among most seasoned investors but the company, a manufacturer of high precision component parts for various industries, has undergone some notable changes of late.
For one, the smallish firm has made a turnaround in its financials based on its latest quarterly results, reporting a net profit of RM3.05mil compared with a net profit of RM82,000 for the same period, a year ago.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
