KESM Industries executive chairman Sam Lim said as the global semiconductor revenue is forecast to reach US$705bil in 2025, the group anticipates growth in its services.
PETALING JAYA: As uncertainties surrounding trade and tariffs persist, KESM Industries Bhd
will continue to work closely with its customers to align production levels with product roadmaps.
In a filing with Bursa Malaysia, the world’s largest independent burn in and test service provider said even if demand for automotive chips soften, the company will remain well-positioned to scale up production to meet customers’ requirements, particularly in support for artificial intelligence (AI) applications.
KESM Industries executive chairman Sam Lim said as the global semiconductor revenue is forecast to reach US$705bil in 2025, the group anticipates growth in its services. “In the electric vehicle (EV) space, the increasing demand for power management devices and AI-driven solutions is expected to drive growth for our services,” he said.
For the second quarter ended Jan 31, 2025, the group recorded a lower revenue of RM51.39mil compared to RM61.76mil in the same quarter a year ago.
The group said it recorded a loss of RM2.9mil from weaker demand for the processing of automotive chips.
However, its other expenses were lower by RM2.6mil as a result of cost reductions in utilities, repairs, and maintenance and recruitment expenses by RM1.5mil, RM1.3mil and RM300,000, respectively.
Employee benefits expense dropped by RM2.9mil with reduced labour to align with operational requirements.
For the first half of the financial year ending July 31, 2025, the group registered a lower revenue of RM104.2mil, down 17% compared to RM125.3mil in the same period last year.
With that, the group saw a net loss of RM7.5mil for the half year compared to a net profit of RM1.1mil in the previous corresponding period due to reduced volumes impacting its performance.
While still in the early stages, Lim said the EV segment is poised for rapid expansion, and KESM Industries is seeing strong demand for related AI devices.
