PMB gets boost from metallic silicon business

According to chief executive officer Koon Poh Ming (pic), the higher revenue drove the segment’s profit to RM19.5mil from RM3.6mil or up by RM15.9mil year-on-year.

KUCHING: PMB Technology Bhd’s diversification into metallic silicon manufacturing in Sarawak has paid off as the new business has bolstered its bottom line significantly.

The group’s new metallic silicon plant under phase one in Samalaju Industrial Park, Bintulu had boosted the company’s manufacturing and trading segment revenue to RM160.8mil last year, rose significantly by RM102.4mil from RM58.4mil in 2018 since the plant started its commercial operation last March.