Globetronics Technology Bhd (“GTB” or the “Group”), an established player in the Outsourced Semiconductor Assembly and Test (“OSAT”) and semiconductor industry, today announced its unaudited financial results for the quarter ended 30 September 2025 (“Q1 FY2026”). The Group recorded revenue of RM21.5 million, reflecting the ongoing softness in customer loadings across several business units.
Compared to the corresponding quarter last year, revenue declined by 27% to RM21.5 million from RM29.3 million due to lower sales contributions, which was consistent with the continued slowdown in industry volumes.
For the quarter, GTB registered a loss after tax (“LAT”) of RM3.0 million, narrowing significantly from a loss of RM5.2 million in the corresponding quarter last year, driven by the absence of prior-year unrealised foreign exchange losses and improved operating cost discipline. Other income rose to RM1.9 million, reflecting normalisation after last year’s substantial FX-related expenses. Administrative costs increased modestly due to higher staff- and travel-related expenses at subsidiary level.
The Management of GTB said, “This quarter reflects the broader softness across the semiconductor ecosystem. While the operating environment remains challenging, we have continued to exercise financial discipline while deploying capital strategically to strengthen our long-term capabilities. Our investments in new technologies and our partnership-driven roadmap, including collaborations with ChipMOS Technologies Inc. and POET Technologies Pte. Ltd., position the Group to capture emerging opportunities in advanced packaging, IC testing, and silicon photonics. These strategic partnerships reinforce our technological diversification and readiness to serve next-generation semiconductor applications.”
The Group reiterated its focus on driving long-term value enhancement through targeted expansion in technology solutions, deeper collaboration with strategic customers, and ongoing efficiency initiatives to mitigate volatility in industry cycles. GTB continues to monitor market conditions closely while seeking opportunities to secure new projects that align with its backend semiconductor expertise.
In addition, the Group highlighted the successful conclusion of its 28th Annual General Meeting and Extraordinary General Meeting, both held on 28 November 2025, where all resolutions, including director re-elections, fee approvals, auditor re-appointment, and notably the Proposed Free Warrants Issue, received shareholder support. The Board expressed its appreciation to shareholders for their continued confidence, noting that the approvals provide the Group with enhanced flexibility for future capital management initiatives.
GTB remains committed to executing its strategic plans and delivering sustainable long-term value as it moves into the 2026 financial year.
