Globetronics Technology’s 4Q net profit rises 15.97% on higher revenue

Globetronics Technology’s 4Q net profit rises 15.97% on higher revenue

The Edge Markets - Malaysia·2021-02-25 05:06

KUALA LUMPUR (Feb 24): Globetronics Technology Bhd’s net profit for the fourth quarter ended Dec 31, 2020 (4QFY20) rose 15.97% to RM16.86 million from RM14.54 million a year ago on higher revenue.

Its quarterly revenue was also up, growing 7.11% to RM63.15 million, from RM58.96 million a year ago.

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