Chew: Gross profit margin for manufacturing is about 40 while net profit margin for this segment is 30-40.
SHAH ALAM: QES Group Bhd
plans to expand its manufacturing operations and is targeting a higher profit margin after its listing on the Ace Market next month.
“We would like to expand the manufacturing business. Gross profit margin for manufacturing is about 40% while net profit margin for this segment is 30%-40%,” managing director and president Chew Ne Weng told StarBiz in an interview.
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