According to Unisem, the improvement in revenue and net profit was mainly attributable to higher sales volume, improved average selling price and appreciation of the US dollar to ringgit exchange rates. (File pic shows part of the Unisem plant.)
KUALA LUMPUR: Unisem (M) Bhd
recorded a pre-tax profit of RM50.74mil in the third quarter ended Sept 30, a wide increase over a pre-tax loss of RM3.54mil in the year-ago quarter, in light of the discontinuation of its manufacturing operations in Batam earlier this year.
For its continuing operations, the chip maker recorded a net profit of RM49.44mil, nearly twice the sum of RM24.89mil posted in the previous corresponding quarter, the company said in a filing with the local bourse yesterday.
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