Panasonic Manufacturing Warns of 3% Revenue Loss Due to Gas Supply Disruption

MT Newswires Live
09 Apr

Panasonic Manufacturing Malaysia (KLSE:PANAMY) expects a 3% revenue loss due to a gas supply disruption affecting the production of fan and electric iron products at its Shah Alam plants, which will continue until April 20.

The company has activated its business continuity plan and put in place contingency measures to minimize supply chain disruptions for these products.

Operations for other products, including vacuum cleaners and home showers, remain unaffected.

The company anticipates minimal impact on its overall financial performance in the current financial year.

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