MI Technovation's 2Q net profit contracts on forex loss


PETALING JAYA: MI Technovation Bhd continues to maintain a cautious and conservative stance on the outlook for the financial year 2025 (FY25), posting a 44% year-on-year (y-o-y) drop in its net profit for the second quarter ended June 30, 2025 (2Q25).

For 2Q25, the semiconductor assembly equipment solution provider’s net profit fell by 44% y-o-y to RM15.6mil or earnings per share of 1.75 sen. 

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MI Technovation , semiconductor , assembly , forex

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