Kobay Q2 net profit surges

In a filing with Bursa Malaysia yesterday, the group said its revenue for the quarter almost tripled to RM92.83mil from RM35.80mil previously. There was no dividend announced.

PETALING JAYA: Kobay Technology Bhd posted a net profit of RM14.52mil in the second quarter ended Dec 31, 2021, more than double from RM5.95mil a year ago, thanks to strong orders from the semiconductor and electrical and electronics (E&E) industries.

In a filing with Bursa Malaysia yesterday, the group said its revenue for the quarter almost tripled to RM92.83mil from RM35.80mil previously.