KUALA LUMPUR: UWC Bhd
, which reported a more than threefold jump in net profit for the third quarter ended April 30, 2026 (3Q26), expects growth to be supported by a recovering semiconductor industry and new project rollouts.
UWC's net profit more than tripled to RM26.3mil, or earnings per share of 2.39 sen in 3Q26, while revenue rose to RM151.4mil.
For the nine-month period, net profit more than doubled to RM56.2mil, or 5.10 sen and revenue increased 47.3% to RM408.7mil.
“The group remains cautiously optimistic on its business outlook, supported by the gradual recovery of the semiconductor industry, increasing demand from both front-end and back-end semiconductor customers, and the progressive ramp-up of recently secured projects and new product introductions,” the Penang-based group said in the notes accompanying its financial results.
UWC said it remains vigilant amid geopolitical tensions and global trade uncertainties, warning that escalating conflicts in the Middle East and other regional developments could trigger volatility in energy prices, currency markets and logistics costs, which may in turn affect supply chains and customer spending.
“The group believes its diversified customer base, exposure across both front-end and back-end semiconductor segments, and ongoing efforts in operational efficiency and business development will ideally position it to navigate the evolving market environment,” it said.
It added that it would continue to focus on securing new business opportunities, and enhancing operational capabilities to support sustainable growth.
UWC said strong enquiry levels for front-end semiconductor, life sciences and 5G test equipment, coupled with ongoing capacity expansion and clean room investments, position the group for long-term growth in its front-end semiconductor business.
The group said its front-end semiconductor business is gaining traction with new project wins, product developments and ongoing order ramp-ups, while demand for system-level testers continues to support recovery in the back-end segment.
It expects to benefit from the AI-driven semiconductor upcycle, with rising demand for advanced chip manufacturing equipment positioning it to capture growth opportunities in both front-end and back-end semiconductor markets.
UWC said its life sciences and medical technology business continues to gain traction, supported by new customer wins, project transfers and its growing role as a preferred supplier for healthcare-related equipment and components.
“The group has secured customers for life science and medical technology equipment module assembly. The group had also successfully become a preferred supplier of manufacturing safe patient handling, mobility products parts, surgical workflow and precision positioning items for its customers,” it added.
