“Barring any unforeseen circumstances, the group is confident to remain profitable for the financial year ending Dec 31,2020 amid these unprecedented challenges, ” UCHI Technologies said.
PETALING JAYA: Uchi Technologies Bhd
expects to see a low double digit drop in revenue in US dollar terms for the financial year ending Dec 31,2020 due to the impact of Covid-19 pandemic.
The company, which specialises in the design of electronic control systems, said that its customers have lowered their demand as the countries where they are located are also experiencing similar restricted order movement as part of virus containment measures.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
