KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI) expects the global semiconductor demand to remain uncertain in the short term.
“The group remains committed to focus on strengthening its business fundamentals and delivering its long-term business strategy,” MPI said in a filing with Bursa Malaysia.
The semiconductor company saw its net profit jump 75.4% to RM32.15mil in the second quarter ended Dec 31, 2023 (2Q24) compared with RM18.33mil in 2Q23.
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