KUALA LUMPUR: UWC Bhd
emerged among the top gainers at early trade today, following a strong performance in the first quarter ended Oct 31, 2025 (1Q 2026).
At 10.27 am, the company’s shares rose eight sen to RM4.05, with a total of 1.63 million shares traded.
UWC recorded a higher net profit of RM17.11 million in 1Q 2026, compared with RM6.50 million in the same period a year earlier.
Revenue for the quarter under review increased to RM120.84 million from RM89.42 million previously, driven by the gradual recovery of the semiconductor industry.
Meanwhile, Hong Leong Investment Bank Bhd expects UWC’s earnings momentum to strengthen in the coming quarters, underpinned by continued volume ramp-up from key front-end (FE) and back-end (BE) customers.
"The ongoing sequential improvement is expected to bolster investor confidence in UWC’s ability to deliver strong 2026 earnings growth. Therefore, we maintain a ‘buy’ call on UWC, with an unchanged target price of RM4.20 per share,” it said in a note today. - Bernama
