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Q4 result 2020
- Revenue increase 30.9% ( 61.4 million ) due to stronger demand in the semiconductor + life science industry
- profit before tax ( PBT) increase 64.7% due to sheet metal fabrication + value- added assembly service segment ( contribute 93.1 % of revenue )
- based on SEMI data , semi conductor test equipment is expected to grow by 13 % in 2021, water fab equipment is expected 13 % also . ( uwc group do received higher orders for chip tester and flash memory test handler
- life science industry as another catalyst for uwc , ( front end semiconductor , 5G, and life science will be UWC growth catalyst )
- inventories increase 17 % ( which 6.42m )
- borrowing decrease 77.98 % ( no more hire purchase creditor; banker acceptance , good sign for company )
- receivable increase 330 % ( 19.27m )
- net cash equivalent decrease 91.78 % ( 37.918m ) Becoz 10.459m use for CNC machine ; and 1.882m for industrial robotic arms and material handling system ( management do use cash properly , which is good )
Time will heal and recover eventually. Covid-19 is a new norm in our daily life. It's been force to be part of our society for now and hope for a vaccine in the coming future.
young n' unexperience, alway's try to ignore what is happening globally , this is what I'm... a wounded lion counting the day's, when is the good meal will come.
will I' feel sorry for forcing everyone to top up when we stumble below 1.40...tk u' master wong n' everyone who belive and accept me as one in your team.
Awa.. I remember one famous investor quoted, though I forgot his name. " Profit doesn't come from buying and selling, it comes from in the midst of waiting." So I believe you shall have fruitful return.
@awa , yeap, dsonic now is good time to collect . Now almost all techno stock retrace for while already, beside greatec uwc , solarvest . Like penta Dufu mi Jhm notion.... retrace for quite long time already