Globetronics long-term outlook seen as good

“We opine that Globetronics’ prospects are still interesting in the long term, as the group’s expertise in high-tech sensor products could be leveraged onto various applications,” the research unit said.

PETALING JAYA: Semiconductor testing firm Globetronics Technology Bhd’s financial results came in below expectations of analysts but its outlook remains “attractive.”

That’s according to MIDF Research, which said all in all, the company’s first half (H1) of financial year 2021 (FY21) financial performance came in below its and consensus expectations, accounting for 25.3% and 26.3% of the H1 earnings estimates respectively.