PETALING JAYA: Globetronics Technology Bhd’s recently-announced results for the third quarter of financial year 2018 (3Q18) came in below expectations, even as the bottom line surged by about 64.2% year-on-year (y-o-y).
According to UOB Kay Hian Research, the integrated circuits maker’s net profit failed to meet its forecast, primarily because revenue in the quarter was weaker than expected.
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