Panasonic Manufacturing Malaysia Berhad manufactures and distributes a variety of home electrical appliances under the Panasonic brand in two factories situated in Shah Alam, Malaysia. As of 5 September 2019, the company is worth a total of RM2.5 billion in market capitalisation.
In this article, I’ll give an update on Panasonic Malaysia’s latest annual results, its future plans, and stock valuation. Here are 10 things to know about Panasonic Malaysia before you invest:
1. Panasonic Malaysia generated RM479.2 million in domestic sales in 2019, accounting for 42.5% of total revenue. Since 2010, domestic revenue has risen at a compound annual growth rate (CAGR) of 3.88%. The company saw a marginal dip in revenue in 2015 due to the implementation of the goods and services tax that year.
2. Panasonic Malaysia did RM648.7 million in export sales in 2019, which accounted for 57.5% of total