BREAKING:

Despite an overall increase in sales driven by higher customer demand in both contract manufacturing and trading segments, PNE Industries Ltd navigated a challenging year defined by significant pressure on margins,,. Gross profit declined due to a less favourable product mix and the need to reduce customer pricing amid intense competition,. The Group focused on leveraging its engineering capabilities and operational improvements to strengthen efficiency in an environment marked by global economic uncertainty and currency volatility.

• Explore the factors that squeezed profitability, including rising operational costs in Malaysia and China and competitive pricing strategies

• Uncover how global economic uncertainty, geopolitical tensions, and supply chain disruptions continue to shape the challenging operating environment ahead

• Understand why cash and bank balances were reduced, a consequence of higher working capital requirements and strategic purchases of plant and equipment

WATCH THE EXPLAINER VIDEO BELOW:

LISTEN TO THE PODCAST BELOW:

BREAKING: 

PNE Industries Ltd has released its condensed interim financial statements for the six months ended 31 March 2025. The Group reported a significant increase in revenue, primarily driven by stronger sales in the contract manufacturing segment. While gross profit remained relatively unchanged due to a less favourable product mix, other factors contributed to a substantial improvement in profit before tax and profit after tax compared to the previous corresponding period.

• Explore how increased customer demand led to higher sales for the Group
• Discover why gross profit remained flat despite rising revenue
• Find out how favourable foreign exchange contributed to a much-improved bottom line

There will be an AGM on

Event dates:

For more information, click here: PNE INDUSTRIES LTD 2024 AGM