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Unisem stays positive despite uncertainties

admin2022-08-259

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In a filing with Bursa Malaysia, the group reported a leap in earnings and revenue for the quarter ended June 30, 2022, and said its performance for the coming quarter is expected to be satisfactory. (File pic shows the Unisem factory.)

PETALING JAYA: Unisem (M) Bhd is keeping to a positive outlook despite the economic and geopolitical uncertainties, interest rate concerns and global supply chain disruptions.

In a filing with Bursa Malaysia, the group reported a leap in earnings and revenue for the quarter ended June 30, 2022, and said its performance for the coming quarter is expected to be satisfactory.

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For the quarter under review, the semiconductor provider’s net profit almost quadrupled to RM205.9mil while revenue increased 15.4% year-on-year to RM464.06mil.

On a per share basis, Unisem’s earnings rose to 12.76 sen in the current quarter.


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