[Greatek] Important subsidiary P.I.E. Industrial Berhad announces Q1 2026 self-compiled consolidated financial report
Greatek's important subsidiary, P.I.E. Industrial Berhad, announced its self-compiled consolidated financial report for the first quarter of 2026 on May 22, 2026. Revenue reached 142.5 million Malaysian Ringgit, with a net loss of 6.207 million Malaysian Ringgit.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 23, 2026 at 08:29 (29 min after Collected)
1. Date of submission to the Board or resolution date: 2026/05/22
2. Audit Committee approval date: 2026/05/22
3. Financial reporting period (Start date - End date): 2026/01/01 - 2026/03/31
4. Cumulative operating revenue from January 1 to the current period (in thousands): 142,500 Malaysian Ringgit
5. Cumulative operating gross profit (loss) (in thousands): 1,330 Malaysian Ringgit
6. Cumulative operating profit (loss) (in thousands): Not applicable
7. Cumulative net profit (loss) before tax (in thousands): (5,112) Malaysian Ringgit
8. Cumulative net profit (loss) for the current period (in thousands): (6,207) Malaysian Ringgit
9. Cumulative net profit (loss) attributable to the parent company (in thousands): (5,759) Malaysian Ringgit
10. Cumulative basic earnings (loss) per share (in cents): (1.62) Malaysian Ringgit cents
11. Total assets at the end of the period (in thousands): 783,004 Malaysian Ringgit
12. Total liabilities at the end of the period (in thousands): 131,007 Malaysian Ringgit
13. Total equity attributable to the parent company at the end of the period (in thousands): 631,143 Malaysian Ringgit
14. Other notes:
1. The above financial data was prepared in accordance with the Malaysian Financial Reporting Standards (MFRS 134: Interim Financial Reporting in Malaysia).
2. According to Bursa Malaysia regulations, there is no "operating profit" item in the announced financial data.
2. Audit Committee approval date: 2026/05/22
3. Financial reporting period (Start date - End date): 2026/01/01 - 2026/03/31
4. Cumulative operating revenue from January 1 to the current period (in thousands): 142,500 Malaysian Ringgit
5. Cumulative operating gross profit (loss) (in thousands): 1,330 Malaysian Ringgit
6. Cumulative operating profit (loss) (in thousands): Not applicable
7. Cumulative net profit (loss) before tax (in thousands): (5,112) Malaysian Ringgit
8. Cumulative net profit (loss) for the current period (in thousands): (6,207) Malaysian Ringgit
9. Cumulative net profit (loss) attributable to the parent company (in thousands): (5,759) Malaysian Ringgit
10. Cumulative basic earnings (loss) per share (in cents): (1.62) Malaysian Ringgit cents
11. Total assets at the end of the period (in thousands): 783,004 Malaysian Ringgit
12. Total liabilities at the end of the period (in thousands): 131,007 Malaysian Ringgit
13. Total equity attributable to the parent company at the end of the period (in thousands): 631,143 Malaysian Ringgit
14. Other notes:
1. The above financial data was prepared in accordance with the Malaysian Financial Reporting Standards (MFRS 134: Interim Financial Reporting in Malaysia).
2. According to Bursa Malaysia regulations, there is no "operating profit" item in the announced financial data.
FAQ
What is the relationship between P.I.E. Industrial Berhad and Greatek?
It is an important subsidiary of Greatek, primarily operating in Malaysia.
What does 'un-audited' mean in this financial report?
It means the data has been self-compiled by the company and has not yet been officially audited by an accountant.
What does this report mean for Greatek?
It reflects profitability pressures faced by Greatek's overseas subsidiary, which investors should monitor for future improvements.