Precision Metal Stamping

Sales in Precision Metal Stamping components segment decreased by 3.7% (or $0.6 million) as compared to the previous financial year due to decrease in customers' demands. This segment experienced sales decrease in the Eurozone and Malaysia but it was partially offset by an increase in sales in the Middle East.

This segment reported a segment profit before taxation of $2.5 million as compared to $2.7 million in the previous financial year. The decrease was mainly due to lower sales generated.