PETALING JAYA: Most companies in the semiconductor sector exceeded consensus earnings estimates for the second quarter which ended in June.
TA Research, however, continues to rate the sector “neutral” despite the outperformance.
“Inari Amertron Bhd, Malaysian Pacific Industries Bhd (MPI), and Unisem (M) Bhd’s reported improved earnings quarter-on-quarter (q-o-q), which also surprised on the upside generally, due to higher-than-expected revenue and/or better-than-expected profitability, ” TA Research said.
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