Globetronics profits remain flat at RM18mil in third quarter


the period. In a filing with Bursa Malaysia, Globetronics, which builds sensors and encoders for a variety of automation and industrial applications, said revenue in the third quarter slipped marginally to RM65.54mil compared with RM66.26mil a year earlier.

PETALING JAYA: Globetronics Technology Bhd net profit for its third quarter ended Sept 30 was flat at RM18.03mil, compared with RM18.94mil in the previous corresponding quarter, mainly due to foreign exchange loss of RM1mil during the period.

In a filing with Bursa Malaysia, Globetronics, which builds sensors and encoders for a variety of automation and industrial applications, said revenue in the third quarter slipped marginally to RM65.54mil compared with RM66.26mil a year earlier.

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