Weaker ringgit helps to lift Vitrox’s margins


Vitrox CEO Chu Jenn Weng. CHIN CHENG YEANG/THE STAR/02-09-2014

GEORGE TOWN: The weaker ringgit is helping Vitrox Corp Bhd, a test equipment maker, lift its margins even as the company sees flattish revenue growth this year amid a slowdown in the semiconductor sector.

The company expected demand momentum to pick up next year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Vitrox Corp , weaker , ringgit , Chu ,

   

Next In Business News

Malaysia's video gaming industry projected to hit US$649mil revenue in 2024
Farhash ceases to be HeiTech Padu’s substantial shareholder
MATRADE formulating strategies to address geopolitical challenges
Trading in Awanbiru shares to be suspended april 26
Ringgit continues to close higher against US dollar
RHB expands sustainable financial services target to RM50bil by 2026
Astaka awards Kimlun with RM150mil construction contract
Yinson GreenTech, Eastern Pacific Shipping team up for greener shipping industry
Affin launches cashless initiative for Lembaga Muzium Negeri Terengganu
DC Healthcare expands footprint in major cities of Malaysia

Others Also Read