Globetronics 2Q net profit up 79% to RM11.2mil

In a filing with Bursa Malaysia yesterday, the company said the semiconductor industry continues to experience challenging macroeconomic and geopolitical issues resulting in supply chain disruption, uncertain end demand, rising inflation and manpower shortages.

KUALA LUMPUR: Globetronics Technology Bhd expects its operations to continue to be impacted by the highly infectious Omicron variant of Covid-19.

In a filing with Bursa Malaysia yesterday, the company said the semiconductor industry continues to experience challenging macroeconomic and geopolitical issues resulting in supply chain disruption, uncertain end demand, rising inflation and manpower shortages.