Strong order visibility lifts Unisem’s prospects

PETALING JAYA: After a drag on earnings in the third quarter (Q3) due to movement restrictions at the height of the Covid-19 pandemic, Unisem (M) Bhd appears poised for a strong rebound in the upcoming quarters.

The provider of semiconductor assembly and test service reported a one-fifth drop in net profit to RM40.27mil for the third quarter ended Sept 30, 2021 on a weaker-than-expected contribution from its plant in Ipoh, Perak.