MPI, Globetronics record higher quarterly profits


Globetronics, on the other hand, increased three-and-a-half fold from RM3.09mil to RM10.89mil for its first quarter ended March 31,2020.

PETALING JAYA: The two largest semiconductor companies, Malaysian Pacific Industries Bhd (MPI) and Globetronics Technology Bhd, reported higher earnings for the quarter ended March 31,2020.

MPI posted a 31.53% jump year-on-year (y-o-y) in its net profit from RM16.77mil to RM22.05mil for its third quarter ended March 31,2020.

MPI (pic shows some products) posted a 31.53% jump year-on-year (y-o-y) in its net profit from RM16.77mil to RM22.05mil for its third quarter ended March 31,2020.MPI (pic shows some products) posted a 31.53% jump year-on-year (y-o-y) in its net profit from RM16.77mil to RM22.05mil for its third quarter ended March 31,2020.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!

MPI , Globetronics , higher profits , revenue , technology ,

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read