Latest news with #RM369.6mil
The Star
2 days ago
- Business
- The Star
SAM Engineering earnings up
PETALING JAYA: Sam Engineering & Equipment (M) Bhd, which posted a 60% jump in net profit for the first quarter ended June 30 (1Q26), remains cautiously optimistic on the long-term outlook for its aerospace and semiconductor equipment segments. In 1Q26, SAM Engineering recorded a net profit of RM16.2mil, up 60.3% from RM10.1mil a year earlier. Earnings per share rose to 2.39 sen from 1.49 sen previously. Quarterly revenue rose 10.8% to RM369.6mil compared with RM333.4mil a year prior. SAM Engineering, which makes production equipment and aerospace products, said in July that Semiconductor Equipment and Materials International or SEMI projected global semiconductor equipment sales to hit a record US$125.5bil in 2025 on artificial intelligence-related investments and fab expansions.
The Star
3 days ago
- Business
- The Star
SAM Engineering 1Q net profit jumps 60% to RM16.2mil
KUALA LUMPUR: Sam Engineering & Equipment (M) Bhd, which posted a 60% jump in net profit for the first quarter ended June 30 (1Q25), remains cautiously optimistic on the long-term outlook for its aerospace and semiconductor equipment segments. In 1Q25, SAM Engineering recorded a net profit of RM16.2mil, up 60.3% from RM10.1mil a year earlier. Earnings per share rose to 2.39 sen from 1.49 sen previously. Quarterly revenue rose 10.8% to RM369.6mil compared with RM333.4mil a year prior. SAM Engineering, which makes production equipment and aerospace products, said in July that Semiconductor Equipment and Materials International (SEMI) projected global semiconductor equipment sales to hit a record US$125.5bil in 2025 on AI-related investments and fab expansions. Wafer Fab Equipment (WFE) sales are projected to grow 6.2% to US$110.8bil in 2025, driven mainly by advanced logic (3nm and below) and EUV/High-NA lithography. Global integrated circuit (IC) inventory is expected to increase 2.5% quarter-on-quarter to US$69.5bil in 3Q25. Meanwhile, fab utilisation rates are projected to hold flat at 68% during the same period. It said these trends suggest that the industry is still operating below optimal levels, indicating a slower path to recovery in the short term.
