Business

April manufacturing sales hit record-high 72.5% growth

Increase driven by transport equipment, electrical products, says DoSM

Updated 5 years ago · Published on 11 Jun 2021 1:00PM

April manufacturing sales hit record-high 72.5% growth
Total employees engaged in the manufacturing sector in April were 2,235,004 persons, an increase of 3.0% as compared with 2,169,473 persons in April last year. – The Vibes file pic, June 11, 2021

KUALA LUMPUR – Malaysia’s manufacturing sales posted the highest ever growth of 72.5% year-on-year (y-o-y) to RM130.6 billion in April, said the Statistics Department (DoSM).

On a monthly basis, the sales value increased by 2.9%, said chief statistician Datuk Seri Mohd Uzir Mahidin.

“The sharp increment of growth in April 2021 was also a reflection of recovery due to base effect from the implementation of the movement control order (MCO) 1.0 last year,” he said in a statement on the Monthly Manufacturing Statistics April 2021.

The increase, he said, was driven by transport equipment & other manufactures products (332.4%), electrical & electronics products (80.2%), and petroleum, chemical, rubber & plastic products (49.1%). 

Total employees engaged in the manufacturing sector in April were 2,235,004 persons, an increase of 3.0% as compared with 2,169,473 persons in April last year.

On salaries and wages paid, it amounted to RM7.38 billion, an increase of 8.2%, or RM560.2 million, in April compared with the same month of the preceding year.

Simultaneously, the sales value per employee rose by 67.4% to RM58,454 as compared with the same month in 2020.

Meanwhile, the average salaries and wages per employee was RM3,304 in April, he said.

On a different note, Uzir said the Malaysia Population and Housing Census 2020 is being conducted nationwide until the end of the month.

He urged all Malaysian residents to cooperate in realising the success of the census. – Bernama, June 11, 2021

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