KUALA LUMPUR: Globetronics Technology Bhd
‘s earnings declined within the third quarter as a result of “decrease quantity loadings from sure prospects” and cautioned that the Covid-19 uncertainties might influence its monetary outcomes.
Web revenue for the three-month ended Sept 30 fell 10% to RM16.3mil from RM18mil made a yr in the past.
Gross sales dropped 15% to RM55.6mil.
In June, Globetronics, which assembles sensors for a smartphone maker in addition to auto chip elements, voluntarily closed two of its factories for a number of days after a number of employees have been examined optimistic for Covid-19.
“The group has taken sturdy initiatives to mitigate to publicity and disruption within the provide chain,” the corporate stated in a submitting right this moment.
Individually, the corporate has introduced the appointment of Heng Charng Yee as its new chief working officer. Charng Yee, 37, is the daughter of Datuk Heng Huck Lee, Globetronic’s government director and chief government officer.
