UWC Berhad Reports Record Earnings Driven by Semiconductor Orders in 2QFY26

UWC Berhad achieved a record-high core net profit of RM25 million for 2QFY26, driven by strong semiconductor segment contributions, exceeding expectations. Revenue reached RM136 million, with a significant year-on-year growth. Despite some margin contraction due to new project qualification, the company’s order book increased to RM250 million, indicating positive momentum going into the second half of FY26.

Published Mar 26, 2026

UWC Berhad reported a core net profit of RM25 million for 2QFY26, a 37% increase quarter-on-quarter and 126% year-on-year, supported by a revenue of RM136 million, up 13% QoQ and 48% YoY, primarily from the semiconductor segment. The EBITDA margin expanded by 6 percentage points YoY to 26%, though it contracted by 2 percentage points QoQ to 25% due to higher material costs associated with new product qualifications.

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UWC's order book rose for the fourth consecutive quarter to RM250 million, with a favorable distribution among front-end, back-end, and life sciences. Earnings forecasts for FY26-28 were raised by 4-6%, with a new 12-month target price set at RM5.75.