Chipmaker MPI's Q3 earnings more than triple as demand surges 

KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI), a semiconductor manufacturing and testing company, posted its best quarterly earnings in years as the global chip shortage pushed prices higher.

Net profit in the third quarter ended March 31 more than tripled to RM74.4mil, or 27.55 sen a share compared with RM22mil, or 11.6 sen a share made a year ago.

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