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UWC Shares Drop 19 Sen After Big Drop in Profitability
UWC Bhd shares has been maintained with a 'Hold' call with a lower 52-week target price of RM2.99 at HLIB Research after reporting a massive drop in its profitability.
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's Profit Plunges in Fiscal Q2
UWC (KLSE:UWC) said its profit attributable to owners dropped to 4.8 million ringgit in the fiscal second quarter ended Jan. 31, from 19.1 million ringgit a year earlier. Diluted earnings per share de
UWC's 2Q Earnings Fall 75% Amid Semiconductor Market Cyclical Downturn
UWC Bhd's net profit fell 75% year-on-year for its second quarter ended Jan 31, 2024 (2QFY2024) as the semiconductor market cyclical downturn weighed on revenue, coupled with higher expenditure for investment to cater for future growth.
UWC's Profit, Revenue Plummet in Fiscal Q1
UWC (KLSE:UWC) said profit attributable to owners plunged to 4.4 million ringgit in the fiscal first quarter ended Oct. 31, from 29.3 million ringgit a year earlier. Earnings per share shrank to 0.004
UWC 1Q Net Profit Drops 85% on Lower Revenue
UWC Bhd’s net profit dropped 85.12% to RM4.35 million in the first quarter ended Oct 31, 2023 (1QFY2024) from RM29.25 million a year earlier, due to lower revenue.
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