Kobay bounces back

AFTER a year of poor results, a turnaround in the first half of financial year 2026 ending June 30 (FY26) appears to have placed Kobay Technology Bhd back on investors’ radar.

After slipping into the red in FY25, the precision engineering group has delivered two consecutive quarters of profits that’s partly driven by its pivot into higher-value segments – most notably, assembly and test services for the artificial intelligence (AI) industry.