PIE Industrial's earnings recovery expected to continue


KUALA LUMPUR: PIE Industrial Bhd's earnings recovery is expected to continue over the coming quarter following a a 9MFY19 result that came in within expectations, says Kenanga research.

The research house cited the seasonally strong final quarter of the year, steady growth from its existing customers and efficiency improvements as the company phases out its low-end communication device as positive catalysts for the coming quarter.

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