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Globetronics tumbles on earnings downgrade

PETALING JAYA: Shares of Globetronics Technology Bhd took a dive yesterday following an earnings downgrade by Maybank Investment Bank Research (Maybank IB).

Globetronics shares down on lower earnings

PETALING JAYA: Shares in Globetronics Technology Bhd fell 6.1% after the semiconductor-based product manufacturer reported a 64% plunge in earnings for the second quarter ended June 30, 2016.

Globetronics earnings soar

PETALING JAYA: Globetronics Technology Bhd has registered a 64% growth in net profit to RM23.6mil for its third quarter ended Sept 30 from the corresponding quarter last year.

Globetronics plans to ramp up capacity

GEORGE TOWN: Globetronics Technology Bhd plans to invest more money to raise its capacity despite a downgrade call on the stock by some analysts after its core products did not feature in the new range of smart phones.

Globetronics feels the heat

GEORGE TOWN: Globetronics Technology Bhd, which lost RM405mil of its market value over the last two days and reported a massive 78.5% dip in its first quarter profits, has laid blame on the twin effects of declining smartphone sales and the volatile ringgit for its woes.

Globetronics cuts dividend payout to conserve cash

PETALING JAYA: Globetronics Technology Bhd has slashed its special dividend payout, citing the need to conserve cash as the company seeks opportunities to expand its business.

Globetronics to spend RM40mil on new chips It plans to develop sensor chips for US and Japan smart mobile devices manufacturers

GEORGE TOWN: Globetronics Technology Bhd plans to spend RM35mil to RM40mil on fresh designing and development activities in the second half of 2013.

Globetronics third quarter results below expectations

PETALING JAYA: Globetronics Technology Bhd’s recently-announced results for the third quarter of financial year 2018 (3Q18) came in below expectations, even as the bottom line surged by about 64.2% year-on-year (y-o-y).

Globetronics posts record quarterly net profit

KUALA LUMPUR: Globetronics Technology Bhd recorded its strongest quarterly results yet this year in the third quarter ended Sept 30, helping to reassure shareholders who were last week told of the company’s need to conserve cash for its capital expenditures and expansion.

Globetronics' record investment of RM85mil for producing new smart sensors

GEORGE TOWN: Globetronics Technology Bhd plans a record investment of about RM85mil this year for the mass production of new smart sensors.