KUALA LUMPUR: PIE Industrial Bhd's earnings slipped 17.2% to RM7.90mil in the second quarter ended June 30, 2014 from RM9.55mil a year ago mainly due to the lower margin of product mix and higher provision for slow moving inventory.
For the first half, its earnings rose 12.8% to RM17.02mil from RM15.08mil in the previous corresponding period. Its revenue increased by 43.5% to RM272.59mil from RM189.92mil.
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!