Stronger H2 seen for Globetronics


Its sensor production volume in the first half was three times higher than the same period last year, driven by higher gesture sensor volumes and contribution from the light sensors.

PETALING JAYA: Globetronics Technology Bhd is expected to record a significantly stronger performance in the second half of the year, driven by sensor volume normalisation and added capacity.

This is after the group’s first half core net profit rose 85% year-on-year on higher sensor revenues.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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 , globetronics , revenue , sensors , results , buy ,

   

Next In Business News

Ahmad Maslan: RM180bil allocation available for projects in construction sector this year
MR D.I.Y. plans 180 new stores in 2024, targets 2,000 by 2028
Daniel Wong charged with abetting former MD of Multi-Code for securities fraud
Salcon unit bags RM9.7mil sewerage treatment plant contract
Globetronics expects challenging outlook for semiconductor sector
ECRL project contractor commences system installation works
FBM KLCI steps back 0.22%, VSTECS hits record
Asian FX muted on firm dollar, stocks fall; Malaysia holds rate
Oil rises on US crude storage draw, China imports show year-on-year gain
Over 400 units of Sunway Velocity 3 Homes Sold on Opening Weekend

Others Also Read