More efficient: Wong Engineering‘s plant in Kulim, Kedah. The company’s improvement in financials is attributed mostly to cost improvement and better operational efficiency.
THE name Wong Engineering Corp Bhd may not ring a bell among most seasoned investors but the company, a manufacturer of high precision component parts for various industries, has undergone some notable changes of late.
For one, the smallish firm has made a turnaround in its financials based on its latest quarterly results, reporting a net profit of RM3.05mil compared with a net profit of RM82,000 for the same period, a year ago.
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