P.I.E Industrial (PIE) clarified that the contraction in its quarter one financial year 2023 margins was mainly attributable to higher maintenance and refurbishing cost incurred for plant readiness in preparation of new customer acquisitions, increased depreciation from the two recently purchased SMT lines, higher electricity cost that that was implemented…
PIE Margins Contract From Rising Depreciation, Electricity, Plant Refurbishment Costs: Kenanga – BusinessToday
2023-05-23T02:31:31-04:00May 23rd, 2023|
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