Unisem net profit for FY18 tumbles 41%

Unisem, which plunged 18%, the biggest drop since the company

KUALA LUMPUR: Unisem (M) Bhd experienced a 26.63% decline in net profit for the fourth quarter ended Dec 31, 2018, to RM23.49mil from RM32.02mil in the previous corresponding quarter as sales volume decreased over the period.

Revenue was similarly lower at RM331.82mil, 7.2% less than RM357.41mil in 4Q17.