As a tester for the integrated circuits (IC), KESM expects the growth catalyst for the semiconductor sector to be driven by the automotive industry moving forward.
PETALING JAYA: KESM Industries Bhd
, the world’s largest independent burn-in and test service provider, posted a 67% jump in net profit and generated higher margins for the fourth quarter ended July 31.
In a filing with Bursa Malaysia yesterday, the company said its net profit for the fourth quarter grew by 67% to RM13.4mil from RM8.1mil a year ago, driven by higher sales.
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