“Our Taiwan’s unit benefited from the pick-up in volume in the semiconductor space due to higher demand and strong orders from one of our customers’ advanced nodes’ chips," Frontken said.
KUALA LUMPUR: Frontken Corporation Bhd
, which provides support services to the semiconductor industry, posted a record net profit of RM23.29mil in the fourth quarter ended Dec 31,2020, rising on the strong demand for chips.
Announcing the results on Tuesday, it said net profit increased by 28% from RM18.19mil a year ago. Its revenue rose by 13.6% to RM101.03mil from RM88.88mil. Earnings per share were 2.22 sen compared with 1.74 sen.
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