PETALING JAYA: PIE Industrial Bhd
will continue to focus on cost structure optimisation, manufacturing efficiency, and product profit margins to ensure that business growth translates into sustainable and tangible profitability.
In a filing with Bursa Malaysia, the electronics manufacturing services (EMS) provider said it aims to expand its business portfolio, establish more diversified, competitive, and sustainable growth drivers, and create long-term value for the group.
For the third quarter ended Sept 30, 2026, PIE’s net profit rose to RM11.53mil from RM4.49mil in the previous corresponding period, primarily driven by higher factory utilisation rates and the successful execution of stringent cost control measures within the EMS segment during the quarter.
Revenue grew to RM212.48mil from RM204.9mil a year earlier.
For the nine-month period ended Sept 30, 2026, PIE’s net profit slumped to RM9.13mil from RM25.88mil in the previous corresponding period, while revenue dropped to RM535.11mil from RM707.69mil previously.
