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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 electronic products.

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.

Principal Markets

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.

Quality Assurance

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. .


Contact Information

Plot 4 Jalan Jelawat Satu, Kawasan Perindustrian Seberang Prai, Seberang Jaya, 13700 Penang, Malaysia.
Tel : 604 - 399 0401   Fax : 604 - 399 0403   Email : pelaw@pan-intl.com

 

Review of performance 30 June 2012

The Group's 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.

Overall, the 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 inventories.

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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