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Things are looking up for MI Technovation Bhd (MI Tech) as its equipment business and materials segment are poised to rebound in financial year 2024 (FY24).
KUALA LUMPUR: Mi Technovation Bhd could be seeing a rebound in its equipment business revenue on higher demand from the mobile wearables and high-performance computing industries, says CGS International Research (CGSI).
KUALA LUMPUR: Mi Technovation Bhd's first quarter ended March 31, 2024 (1Q24) core earnings were in line with Public Investment Bank Bhd (PublicInvest) and consensus full-year expectations, making up 22.6 per cent and 23.4 per cent respectively.The company saw its 1Q24 core ...
Shares of Mi Technovation Bhd (KL:MI) surged to their highest in more than two years after the semiconductor company reported an over four-fold jump in first-quarter net profit.
Mi Technovation Bhd (KL:MI) saw its net profit more than quadruple to RM26.79 million in the first quarter ended March 31, 2024 (1QFY2024), compared to RM6.4 million in the same period last year.
Will Bank Negara Malaysia’s Monetary Policy Committee follow its Indonesian counterparts by raising interest rates when it holds its next meeting on Wednesday and Thursday?