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.
Market Analysis and Insights: Global Multi Touch Display Market
Multi Touch Display Market is expected to gain market growth in the forecast period of 2020 to 2027. Data bridge market research analyses that the market is expected to reach USD 30.55 billion by 2027 growing at a growth rate of 15.95% in the forecast period 2020 to 2027. The multi touch display market is attaining a significant growth due to factors such as rise in number of electronic display devices and increasing trend of retail and media application.
Increasing demand of portable electronic devices and wearable smart devices will accelerate the growth of the market. Increasing usage and adoption of devices enabled with multi touch screen is another factor that will drive the growth of the market in the forecast period of 2020-2027. Development of new touch screen applications will act as a factor growth in the market demand.
2021-01-09 09:05:21 GMT2021-01-09 17:05:21(Beijing Time) Xinhua English
BEIJING, Jan. 9 (Xinhua) China s securities regulator has approved the initial public offering (IPO) of three companies on the science and technology innovation board.
Beijing Kawin Technology Share-Holding Co., Ltd., Cubic Sensor and Instrument Co., Ltd., and Shengyi Electronics Co., Ltd. will be listed on the Shanghai Stock Exchange s sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission.
The companies and their underwriters will confirm the IPO dates and publish prospectuses following discussions with the stock exchange.
The STAR market, inaugurated in June 2019 and designed to support companies in the high-tech and strategic emerging sectors, eases listing criteria but adopts higher requirements for information disclosure. Enditem
BEIJING, Jan. 9 (Xinhua) China securities regulator has approved the initial public offering (IPO) of three companies on the science and technology innovatio
Solar Energy Glass Market May Set New Growth Story | Sisecam, Carlex, Normax – BIZNEWS biznews.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznews.co.ke Daily Mail and Mail on Sunday newspapers.