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Malaysia: Manufacturing sector sales up 3.9% to RM68.5bil in March

KUALA LUMPUR: Malaysia’s manufacturing sales recorded a growth of  3.9% in March, rising to  RM68.5bil compared with RM65.9bil a year ago.

The Statistics Department said on Thursday the higher sales value was due to the increase in electrical  and electronic products (10.5%); food, beverages and tobacco products  (5.0%) and wood, Furniture, Paper Products and Printing  (3.5%).

Total  employees  engaged  in  the manufacturing  sector  in  March  2018  was 1,068,116 persons. This was an increase of 2.1% or 22,076 persons as compared to 1,046,040 persons in March 2017.

Salaries and wages paid rose 11.9% (RM410.9mil) to record  RM3.863bil. This saw an average salaries & wages per employee of  RM3,617 in March 2018.

The department said that sales value per employee increased by 1.7% to RM64,103 from a year ago.

Source: https://www.thestar.com.my/business/business-news/2018/05/10/manufacturing-sector-sales-up-3pt9pct-to-rm68pt5bil-in-march/#uWAsFmtsqsXwGPfs.99