Vitrox's core businesses record double-digit revenue growth in 2Q


KUALA LUMPUR: Vitrox Corp Bhd's bottom line remained flat in the second quarter ended June 30, 2025 (2QFY25), despite a 33.4% year-on-year (y-o-y) jump in revenue due to foreign exchange losses.

During the quarter, the group posted net profit of RM28.13mil, eking out a slight gain over RM28.1mil in the year-ago quarter. 

Revenue climbed to RM183.04mil from RM137.2mil in the comparative quarter as its core businesses - automated board inspection (ABI) and machine vision system (MVS) - registered double-digit growth.

ABI remained the largest contributor, while MVS

benefited from stronger shipments of tray-handlers and vision systems, the group said in its filing with the stock exchange.

Over the six-month period, however, the group's net profit rose to RM52.29mil from RM45.33mil in 1HFY24 while revenue rose to RM324.16mil from RM256.81mil in the previous comparative period.

According to the group's outlook, the global semiconductor market is expected to regain strong momentum in the second half of 2025, supported by growing demand in AI infrastructure, 5G-enabled devices, electric vehicles, and advanced medical technologies.

"The group remains cautiously positioned to benefit from the anticipated demand recovery. 

"Ongoing, disciplined R&D investment will help us stay technologically relevant, but exchange-rate volatility, higher reciprocal tariffs to the USA, and component shortages could weigh on near-term margins. We will therefore manage costs prudently and capture emerging opportunities," it said.

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Vitrox , ABI , MVS , technology

Next In Business News

Malaysia’s palm oil sector in advantageous position despite West Asia conflict
PTT wins RM31.7 mil construction job, bags warehouse automation deal
Affin Bank gets Bank Negara nod for RM50mil Pheim AM acquisition
Ringgit revisits 4.02 level against US dollar on easing energy supply concerns
IJM denies prior talks on Sunway offer, reiterates rejection stance
YTL Cement takes control of Cepco with RM103.8mil stake
Nextgreen secures RM50mil working capital facility from Bank Rakyat
Anwar, AIIB president discuss sustainable development agenda
Kee Ming wins RM6.7mil data centre subcontract
TSR Capital secures RM34mil flood mitigation contract

Others Also Read