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New Straits Times
4 days ago
- Business
- New Straits Times
UWC Q3 earnings up 98pct on semiconductor rebound, no dividend declared
KUALA LUMPUR: UWC Bhd's net profit for the third quarter ended April 30, 2025, nearly doubled to RM7.96 million from RM4.02 million a year earlier, driven by a strong recovery in the semiconductor market. Revenue for the quarter climbed 45 per cent to RM95.56 million from RM66 million, boosted by improved demand from the semiconductor segment, which remains the company's largest revenue contributor. In a filing with Bursa Malaysia today, the group said the rebound in semiconductor demand helped lift its pre-tax profit to RM9.76 million, up from RM6.53 million a year earlier. Earnings per share for the quarter rose to 72 sen from 36 sen previously. No dividend was declared for the quarter. As at April 30, UWC's cash and bank balances stood at RM26.57 million, down from RM80.99 million at end-July 2024, due to significant capital expenditure and a net operating cash outflow of RM13.33 million. Total liabilities increased to RM92.32 million from RM65.70 million, while borrowings amounted to RM9 million compared to zero previously, reflecting new banker acceptance and revolving credit facilities. Looking ahead, the company said future prospects are underpinned by continued project wins and capacity expansion in front-end semiconductor, electric vehicle and medical technology segments. "The group still maintains an optimistic outlook towards both its business and the industries in which it operates in for the coming years while currently observing signs of recovery," it said. UWC said it is actively undertaking new construction and production capacity expansion projects to cater to growing demand, particularly in artificial intelligence-related semiconductor manufacturing and next-generation life science technologies. "With a robust pipeline of new building projects and focus on capital expenditure, the group will be well positioned for substantial growth and long-term value creation of the front-end semiconductor business," it added. It also expects growth in the life science and medical technology segment to remain strong, supported by ongoing customer wins and increased demand for DNA analysers, virus extraction machines and precision mobility products.
Borneo Post
27-05-2025
- Borneo Post
GOF raids net seizures totalling RM6.33 mln including contraband alcohol, ciggies in Kuching, Serian
Photo shows the contraband alcohol and cigarettes at the GOF Battalion 11 Kuching headquarters. KUCHING (May 27): The General Operations Force (GOF) Sarawak Brigade seized contraband alcohol and cigarettes during three separate operations here and in Serian on May 22. GOF Sarawak deputy commander ACP Rosdi Inai said the biggest haul was during Ops Taring Alpha conducted by GOF Battalion 11 Kuching at a premises believed to be a storage facility for contraband alcohol and cigarettes. The raiding team seized contraband cigarettes, alcohol, and two vans, totalling RM4.02 million, he said. 'There were 4,881 cartons of cigarettes and 7,599.68 litres of alcohol found in the premises during the raid. 'Six local men and a foreigner, aged between 27 to 46, were also apprehended. Two vans were also confiscated,' he said in a statement today. The seized items and suspects were handed over to the Kuching District police headquarters for further action and investigation under Section 135(1)(D) of the Customs Act 1967, Road Transport Act 1987, Regulation 25 (1)(N) of the National Registration Regulations 1990, and Section 15 (1)(C) of the Immigration Act 1963. Rosdi said on the same day, operations were also conducted in two separate locations in Serian involving GOF Battalion 23 Sri Aman Intelligence Branch at 1.30pm and 2.30pm. At the first premises, the raiding team seized contraband alcohol and cigarettes worth RM1.046 million as well as apprehended three men aged between 20 and 39. At the second premises, he said the team seized contraband cigarettes and alcohol amounting to RM 1.25 million, and arrested another three men aged 18 to 22. 'Seized items and arrested suspects were handed over to Serian District police headquarters for further action and investigation under Section 135(1)(D) of Customs Act 1967, Section 2(1) and Section 3(1) of the Local Authority Act 1961,' he said. As of May 25, GOF Sarawak has recorded 198 cases under Op Taring with seizures totalling RM249.4 million, arrested 310 individuals (234 locals and 76 foreigners), and seized 180 vehicles. contraband GOF Sarawak lead Ops Taring Alpha Rosdi Inai
Borneo Post
27-05-2025
- Borneo Post
GOF seizes RM6.33 mln contraband alcohol, ciggies in Kuching, Serian
Photo shows the contraband alcohol and cigarettes at the GOF Battalion 11 Kuching headquarters. KUCHING (May 27): The General Operations Force (GOF) Sarawak Brigade seized contraband alcohol and cigarettes during three separate operations here and in Serian on May 22. GOF Sarawak deputy commander ACP Rosdi Inai said the biggest haul was during Ops Taring Alpha conducted by GOF Battalion 11 Kuching at a premises believed to be a storage facility for contraband alcohol and cigarettes. The raiding team seized contraband cigarettes, alcohol, and two vans, totalling RM4.02 million, he said. 'There were 4,881 cartons of cigarettes and 7,599.68 litres of alcohol found in the premises during the raid. 'Six local men and a foreigner, aged between 27 to 46, were also apprehended. Two vans were also confiscated,' he said in a statement today. The seized items and suspects were handed over to the Kuching District police headquarters for further action and investigation under Section 135(1)(D) of the Customs Act 1967, Road Transport Act 1987, Regulation 25 (1)(N) of the National Registration Regulations 1990, and Section 15 (1)(C) of the Immigration Act 1963. Rosdi said on the same day, operations were also conducted in two separate locations in Serian involving GOF Battalion 23 Sri Aman Intelligence Branch at 1.30pm and 2.30pm. At the first premises, the raiding team seized contraband alcohol and cigarettes worth RM1.046 million as well as apprehended three men aged between 20 and 39. At the second premises, he said the team seized contraband cigarettes and alcohol amounting to RM 1.25 million, and arrested another three men aged 18 to 22. 'Seized items and arrested suspects were handed over to Serian District police headquarters for further action and investigation under Section 135(1)(D) of Customs Act 1967, Section 2(1) and Section 3(1) of the Local Authority Act 1961,' he said. As of May 25, GOF Sarawak has recorded 198 cases under Op Taring with seizures totalling RM249.4 million, arrested 310 individuals (234 locals and 76 foreigners), and seized 180 vehicles. contraband GOF Sarawak lead Ops Taring Alpha Rosdi Inai
