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Frontken charts better 9M24 earnings with 20% increase

The Star LogoThe Star1d ago

Frontken charts better 9M24 earnings with 20% increase - The Star

Quick Summary:

Citing encouraging numbers from the Semiconductor Industry Association, Frontken Corp Bhd is hopeful about its prospects, seeing much better utilisation of its second facility in Taiwan on increasing demand.

Net earnings for the nine months ended Sept (9M24) also increased 20% y-o-y to RM98.7mil, driven by a 13.9% rise in turnover to RM419.7mil.

Additionally, Frontken said a better product mix in its semiconductor division was also a contributing factor to the positive 9M24.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23331009

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 20 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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