PNE Industries Ltd ( (SG:BDA) ) just unveiled an announcement.
PNE Industries Ltd reported a revenue and gross profit margin increase in the second half of 2024 due to higher sales volume. The company is experiencing shifts in its customer base, moving from three to two major customers over recent years. In response to changing market conditions and to mitigate risk, PNE is broadening its customer base to ensure long-term stability.
More about PNE Industries Ltd
PNE Industries Ltd operates in the manufacturing industry, focusing on home appliances. The company’s product line includes both printed circuit board assemblies (PCBA) and complete box builds, catering primarily to higher to mid-range consumers. A significant portion of the group’s revenue is derived from the manufacturing of home appliances.
YTD Price Performance: 12.00%
Average Trading Volume: 14,133
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$46.99M
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