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James Ng

Total dividend for last 3 quarter was RM0.17, current share price is RM4.20, dividend yield is 4%. The Group’s revenue and net profit for the quarter/period under review was RM86.5 million and RM15.2 million, an increase of 74% and more than 100% respectively as compared to RM49.8 million and RM4.7 million in the corresponding quarter/period ended 31 March 2017. The higher revenue and net profit in the current quarter/period was due to the higher volume loadings of products from certain customers in the Group and the pick up in volume loadings from the mass production of new products since Quarter 3, 2017.

Prospects:
Based on the current customers' forecast, volume loadings is expected to improve starting June 2018 with the successful qualification and manufacturing of new products. The Group will continue to focus on escalating up the value chain and riding on the R&D initiatives in new products design and development with our key customers moving forward.

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James Ng