KUALA LUMPUR: UNISEM (M) BHD [] saw its earnings doubled to RM51.53 million in the third quarter ended Sept 30, 2010 (3Q10) from RM25.83 million a year ago but cautioned about a moderate decline in 4Q due to inventory adjustment in the industry.
It said on Tuesday, Nov 2 that revenue climbed 30.7% to RM370.69 million from RM283.52 million. Earnings per share were 7.64 sen versus 4.21 sen. It declared a dividend of 3.0 sen per share.
For the nine months ended Sept 30, 2010 revenue of RM1.059 billion and net profit of RM141.283 million, represented growth of 47.3% and 446% over the previous corresponding period.
'The significant increase in revenue and net profit was attributable to improved sales volume from a broad-based demand for our services with notable surge in the demand for our wafer bumping and advanced packaging services,' it said.
However, its directors expected the group's business 'to decline moderately in the fourth quarter as a result of anticipated inventory adjustment in the industry but would nonetheless remain profitable'.
It said on Tuesday, Nov 2 that revenue climbed 30.7% to RM370.69 million from RM283.52 million. Earnings per share were 7.64 sen versus 4.21 sen. It declared a dividend of 3.0 sen per share.
For the nine months ended Sept 30, 2010 revenue of RM1.059 billion and net profit of RM141.283 million, represented growth of 47.3% and 446% over the previous corresponding period.
'The significant increase in revenue and net profit was attributable to improved sales volume from a broad-based demand for our services with notable surge in the demand for our wafer bumping and advanced packaging services,' it said.
However, its directors expected the group's business 'to decline moderately in the fourth quarter as a result of anticipated inventory adjustment in the industry but would nonetheless remain profitable'.
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