HLIB sees earnings surprise for tech sector, tips record quarter for UWC and ViTrox
Hong Leong Investment Bank Research has maintained an 'overweight' rating on the Malaysian technology sector, predicting record earnings for companies like UWC and ViTrox. Analysts believe the semiconductor industry is transitioning into an earnings upgrade phase.
Why it matters
This analysis provides insight into the financial health and growth potential of the Malaysian semiconductor market for investors.
BURSA SGX Home Tech Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (July 23): The upcoming second-quarter reporting season may hold a few earnings surprises for the tech sector, with at least two companies set to post record highs, according to Hong Leong Investment Bank (HLIB) Research.
The research house expects positive surprises and upward revisions to outweigh disappointments this reporting season, alongside more upbeat third-quarter and second-half commentary and firmer 2027 guidance underpinned by strong visibility from key customers.
HLIB maintained in a note its 'overweight' stance on the Malaysian technology sector, with top picks being ITMAX System Bhd (KL: ITMAX ), UWC Bhd (KL: UWC ), Inari Amertron Bhd (KL: INARI ), and Unisem (M) Bhd (KL: UNISEM ).
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