Greatech’s 2Q net profit falls 46% on forex losses


PETALING JAYA: Greatech Technology Bhd’s net profit tumbled by 46% year-on-year (y-o-y) in the second quarter ended June 30, 2025 (2Q25) due to higher net foreign exchange losses.

The group’s net profit slid to RM25.93mil in 2Q25 despite a 13% y-o-y increase in its revenue to RM232.73mil, driven by the higher revenue recognised from the production line system (PLS) of the e-mobility and semiconductor sectors.

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