PIE Industrial's earnings growth on track


KUALA LUMPUR: PIE Industrial Bhd could be continuing its earnings growth trend following Penang's transition to Phase 2 of the National Recovery Plan, which allows for greater workforce participation.

According to Kenanga Research, since the move to Phase 2 in mid-July, PIE has raised its workforce to 80%, which has allowed it to pick up on backlogs.

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Kenanga Research , PIE Industrial

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