Better days ahead for KESM Industries

The group is also confident that demand for burn-in and test services for automotive chips going into infotainment, powertrain and advanced driving system applications will continue to rise, driven by higher electronics content value growth in automotive, said CGS-CIMB in a report.

PETALING JAYA: KESM Industries Bhd is expected to return to profitability in financial year 2022 (FY22) as the automotive semiconductor supply chain situation improves.

It also expects minimal operation disruption as it has achieved a vaccination rate of over 90% for its staff to-date.