Unisem’s net profit falls 13%

by TMR

Unisem (M) Bhd’s net profit fell 13% year-on-year (YoY) to to RM35.14 million for its third quarter ended Sept 30, 2018 (3Q18) due the weaker pricing prower and lower foreign exchange gains. Revenue fell 7.21% YoY to RM354.7 million.
In an exchange filing yesterday, the semicon group noted revenue from the US and Asia declined 3.1% and 16.1% respectively while European market revenue increased marginally by 0.4%. Earnings per share (EPS) for the quarter was 4.83 sen as compared to 5.51 sen a year ago.
The group proposed a dividend of 2 sen per share which to be paid on Dec 6, 2018.