UWC Sees 75% 2Q Net Profit Dip Amid Semiconductor Downturn
UWC Sees 75% 2Q Net Profit Dip Amid Semiconductor Downturn
UWC Bhd experienced a 75% year-on-year decline in net profit for its second quarter ended January 31, 2024 (2Q24), mainly due to the semiconductor market downturn impacting revenue and increased expenditure for future growth.
UWC Bhd截至2024年1月31日的第二季度（24年第二季度）的淨利潤同比下降了75％，這主要是由於半導體市場低迷影響了收入和未來增長的支出增加。
Net profit fell to RM4.81 million from RM19.1 million in the previous year, with quarterly revenue decreasing by 33.5% to RM61.13 million.
淨利潤從去年的1,910萬令吉降至481萬令吉，季度收入下降33.5％，至6113萬令吉。
Despite challenges, UWC remains optimistic, focusing on new projects, customer acquisition, and long-term growth strategies.
儘管面臨挑戰，但UWC仍然保持樂觀，專注於新項目、客戶獲取和長期增長戰略。
The company is venturing into front-end semiconductor engineering businesses and expanding production capacity for its core business and new projects like electric vehicles (EVs).
該公司正在涉足前端半導體工程業務，並擴大其核心業務和電動汽車（EV）等新項目的產能。
Additionally, UWC is working on securing qualifications for various semiconductor modules and expects a gradual market recovery in 2024.
此外，UWC正在努力確保各種半導體模塊的資格，並預計2024年市場將逐步復甦。
UWC's shares closed 2.1% lower at RM3.20 today, dropping by 7 sen. This resulted in a market capitalisation of RM3.53 billion.
UWC的股價今天收盤下跌2.1％，至3.20令吉，跌幅7仙。這導致市值達到35.3億令吉。
譯文內容由第三人軟體翻譯。