KUALA LUMPUR (Feb 10): JF Technology Bhd s net profit for the second quarter ended Dec 31, 2020 (2QFY21) surged 184% year-on-year to RM4.01 million from RM1.41 million, boosted by higher revenue due to sustained robust demand from customers despite the Covid-19 pandemic.
A bourse filing yesterday showed that its revenue climbed 54.19% to RM9.36 million from RM6.07 million previously, on stronger sales and lower operating cost to revenue ratio.
Earnings per share rose to 1.77 sen in 2QFY21 from 0.67 sen a year earlier.
The group also declared a single-tier interim dividend of 0.5 sen to be paid on March 11.
For the cumulative six-month period ended Dec 31, its net profit soared 148.91% to RM8.02 million from RM3.22 million a year ago. Meanwhile, revenue increased 47.9% to RM18.51 million from RM12.51 million previously, driven by higher demand from its customers.
KUALA LUMPUR (Jan 21): The main index of Bursa Malaysia pared some of its gains in the mid-morning today as sentiment remained guarded on still-high local Covid-19 cases.
At 10am, the FBM KLCI was up 6.81 points at 1,608.35. The index earlier rose to a high of 1,615.22.
Losers overtook gainers by 425 to 362, while 416 counters traded unchanged. Trading volume was 1.64 billion shares valued at RM956.81 million.
The gainers included Panasonic Manufacturing Malaysia Bhd, Nestle (Malaysia) Bhd, Public Bank Bhd, JF Technology Bhd, Amtel Holdings Bhd and HPP Holdings Bhd.
The actively traded stocks included AT Systematization Bhd, HPP, Fintec Global Bhd, Dagang NeXchange Bhd (DNeX), DGB Asia Bhd, JF Technology, KTG Bhd and Inix Technologies Holdings Bhd.
a lot of people get all fussy about where our iphones are made. they are made in china but the fact is, the real value of an iphone is not the cost of actually putting it together. it s the chips, the design,f technology, branding. that is typically not chinese. now, what they want to do, and say we want to make whatever the next big breakthrough project i is. we wanted to be chinese technology, chips, brand. we want to sell it to americans and everyone around the world. they want to run companies like apple out of business. tucker: and that is came over to the united states if that happens. there is the belief that the chinese has stolen key american trade secrets. is that true? there has been a lot of concern about chinese cyber not military secrets butut commercial technology. it s a big problem for american