KUALA LUMPUR: Globetronics Technology Bhd could be looking at a softer second quarter before things start picking up in the second half of the year, says AmInvestment Bank Research.
The research house said via its channel checks, the key sensor customer’s qualification programmes for the next generation of light and gesture sensors have not been halted and mass production is still set for June 2021 and July 2021 respectively as planned.
I dont think next quarter report (2Q2021) will be exciting, but expecting result to pick up for 3Q2021 and 4Q2021.
Globetronics Technology Bhd saw its net profit jump 24.45% to RM6.25 million in the second quarter ended June 30, 2021 (2QFY21) from RM5.02 million a year earlier, on higher volume loadings and a better mix of products.
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SHQuah
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Posted by SHQuah > 2021-06-20 17:31 | Report Abuse
Jokes still around. Very funny.