Panasonic expects 3% revenue loss from gas disruption


KUALA LUMPUR: Panasonic Manufacturing Malaysia Bhd expects gas supply disruption from the Putra Heights pipeline fire to impact the production of its fan and electric iron products, with an estimated 3% revenue loss based on total revenue from the previous financial year.

“In response, Panasonic Manufacturing has activated its business continuity plan and implemented contingency measures to sustain critical operations for these products to ensure that the supply chain disruptions are minimal,” Panasonic Manufacturing said in a filing with Bursa Malaysia.

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