KUALA LUMPUR: Unisem (M) Bhd
expects a satisfactory performance in the next financial year, driven by strong demand for AI-related semiconductors, data centres, and the automotive sector.
“This is further supported by the continued rollout of 5G networks globally, enhancing demand for mobile devices, IoT and telecommunications infrastructure,” the semiconductor group said in a filing with Bursa Malaysia.
Unisem’s net profit tumbled 69.4% to RM8.7mil, or earnings per share of 0.54 sen in the fourth quarter ended Dec 31, 2024 (4Q24) compared with RM28.4mil, or 1.76 sen in the year-ago quarter.
The lower net profit was primarily attributable to a lower gross profit margin arising from a change in the product mix and increased operating costs.
Revenue for the quarter rose 17.4% to RM411.8mil from RM350.8mil previously.
For the full financial year ended Dec 31, 2024, it posted a net profit of RM60.7mil, down 24.4% from RM80.2mil, while revenue rose 9.8% to RM1.6bil against RM1.4bil posted a year prior.
Unisem has approved a fourth interim dividend of 2.0 sen per share, single-tier for FY24. The dividend will be paid on April 3.
