Manufacturing sector’s sales up 11.5% in June


Workers at the manufacturing line of chassis. Sksbus (Malaysia) Sdn Bhd

KUALA LUMPUR: Malaysia’s June 2017 manufacturing sales posted a strong growth of 11.5% to RM62.3bil compared with RM55.8bil recorded in the same month last year, said the Department of Statistics Malaysia (DoS).

In a statement on Thursday, it said the significant increase in sales value year-on-year was due to the increase in electrical and electronics products (15.4%),  petroleum, chemical, rubber and plastic products (15.3%) and non-metallic mineral products, basic metal and fabricated metal products (5.7%).

The three sub-sectors contributed 80.6% to the sales value of the manufacturing sector.

A total of 1,048,220 employees were engaged in the sector in June this year, an increase of  2.5% or 25,338 people from 1,022,882 in June 2016.

Salaries and wages paid rose 10% or RM317.9mil to a total of RM3.49bil, thus registering an average of salary and wage of RM3,338 per employee in June 2017.

Sales value per employee gained 8.8% to RM59,393 in June 2017 compared with the same month last year. - Bernama

 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

   

Next In Business News

RBA to maintain key rate to restrain price pressures
The Global South and the need for economic growth
Optus names Stephen Rue as new chief executive
ADB gets highest net income allocation in history
Century-old association continues moving with the times
F&N to focus on growth through sales volume
Shell in talks to sell Malaysian petrol stations
Vietnam garment sector faces supply bottlenecks
Global housing issues crush immigration growth
Increasing people’s income crucial to China’s holiday economy

Others Also Read