KUALA LUMPUR: UWC Bhd
said its improved performance in the first financial quarter (1QFY26) can be attributed to improving conditions in the semiconductor industry and the positive impact of its strategic initiatives.
"The gradual recovery in both front-end and back-end semiconductor segments has translated into higher order flows and improved financial performance during the quarter," said UWC executive director and group CEO Datuk Seri Ng Chai Eng in a statement.
In 1QFY26, UWC recorded a net profit of RM17.11mil as compared to RM6.5mil in the year-ago quarter, translating to an earnings per share of 1.55 sen against 0.59 sen previously.
The group reported quarterly revenue of RM120.84mil, up from RM89.42mil in the comparative quarter.
It said the higher revenue was primarily driven by stronger order intake from the semiconductor industry, alongside revenue contributions from the group’s acquired subsidiaries.
Ng noted the continued global adoption of artificial intelligence is driving demand for more complex and higher-precision semiconductor manufacturing equipment.
"Supported by ongoing investments in cleanroom facilities, automation and talent development, our front-end semiconductor engineering capabilities position us well to meet customers’ evolving requirements.
"Looking ahead, the group remains focused on executing new projects, expanding our customer base, and advancing our long-term growth strategy to maximise value creation and capture emerging business opportunities.”
