P.I.E. Industrial Berhad
P.I.E. Industrial Berhad
P.I.E. Industrial Berhad (424086-X), hereinafter referred to as
PIEIB, was incorporated in Malaysia on 21 March 1997, under the name of P.I.E
Industrial Sdn Bhd.
It was subsequently converted to a public limited company on 30 May
1997, thus assuming its present name.
PIEIB is the holding company of Pan-International Electronics (Malaysia) Sdn Bhd
(PIESB), PIE Enterprise (M) Sdn Bhd (PIE Enterprise), Pan-International
Corporation (S) Pte Ltd (PIS), Pan-International Wire & Cable (Malaysia) Sdn Bhd
(PIWSB), P.I.W. Enterprise (Malaysia) Sdn Bhd (PIW Enterprise), and
Pan-International Electronics (Thailand) Co Ltd (PIT). Click here to view the
PIEIB Group Structure.
The Group's Business Activities
The PIEIB Group started off with the manufacturing and assembly of
cable and wire and has since 1996 added on fabrication of moulds and
dies, PCB assembly using precision SMT, plastic injection moulding
and Class 10K and l00K clean room product assembly and testing of
Coupled with its new up-to-date manufacturing facilities, PIEIB
Group is now capable of offering a complete integrated 'one-stop'
CEM service to major multinational companies for various
electronics, telecommunications and computer peripheral products.
PIEIB Group’s customers are mostly subsidiaries of multinational
companies involved in the production of computer, telecommunication
and electronic products. Almost 100% of PIEIB Group’s products are
exported directly or indirectly through these multinational
companies mainly to USA, Europe and Asia Pacific region.
As an affirmation of the high standards of its operations, the PIEIB
Group, through its subsidiaries, have obtained various quality
awards and compliances such as ISO 9002 certification from Standards
and Industrial Research Institute of Malaysia (SIRIM), Production
Quality Assurance Approval by British Approval Board for
Telecommunication Product (BABT), Underwriter Laboratory (UL) of the
United States of America, ‘F’ Mark of Japanese Quality Assurance (JQA),
Canadian Standard of Association (CSA), RoHS, DVE, TUV, Sony Green
Partnership and etc. .
Jalan Jelawat Satu, Kawasan Perindustrian Seberang Prai, Seberang
Jaya, 13700 Penang, Malaysia.
Tel : 604 - 399 0401 Fax : 604 - 399 0403
Email : email@example.com
Review of performance 30 June 2012
revenue for the current quarter under review was RM91.386 million and
profit before tax was RM11.144 million. The revenue was RM1.305 million
or 1% higher than preceding year corresponding quarter attributable to
higher revenue from manufacturing activities. This revenue increased
resulted from higher demand of electronics manufacturing products from
existing customers and new customers but which was offset by lower
demand of raw wire and cables products and wire harness products.
profit before tax was RM0.443 million or 4% higher than preceding year
corresponding quarter due to improved contributions from manufacturing
activities. However, the increased in profit was partly limited by
higher operating expenses and higher provision of slow moving
Comparison with Immediate Preceding Quarter
The Group’s revenue for the quarter under review was increased by 14% if
compared with the preceding quarter. The increased was mainly due to
higher demand for electronics manufacturing products and raw wire and
cables products. The Group profit before tax for the current quarter was
55% higher than the preceding quarter. This is mainly due to higher
margin on product mix and gain on foreign currency exchange. However,
the profit was partly limited by higher operating expenses and higher
provision of slow moving inventories.
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