PETALING JAYA: Notwithstanding the expected improvement in Vitrox Corp Bhd
’s sequential second-quarter 2024 (2Q24) earnings from order backlogs, the technology company’s outlook remains challenging.
Maybank Investment Bank (Maybank IB) Research said that following a slow 1Q24 core net profit of RM17.7mil, it expects sequential improvement in 2Q24 earnings on delivery improvements in the outsourced semiconductor assembly and test (Osat)-centric machine vision system, both for tray and standard based (MVS-T/S) segments.
