Frontken

FRONTKEN Corp Bhd reported flat net profit of RM33.49 million for the three months ended June 30, 2025 (2Q25), as a RM19 million foreign exchange loss from a scrapped US acquisition offset a 15% jump in revenue to RM156.43 million.

Revenue rose 15% year-on-year, supported by stronger contributions from its subsidiaries in Taiwan and Malaysia.

Excluding the one-off paper loss, core profit surged 55% to a record RM55.91 million, driven by robust semiconductor demand in its key markets.

The group declared a higher dividend of 2 sen per share.

For the first half, net profit rose 1.8% year-on-year to RM64.56 million, on the back of a 4.9% increase in revenue to RM288.99 million.

Frontken remains upbeat on its outlook, citing continued recovery in semiconductor volumes and improved oil and gas activity post-holiday lull. — TMR

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