KUALA LUMPUR (Aug 21): Semiconductor firm Malaysian Pacific Industries Bhd (KL:MPI) saw its fourth-quarter net profit fall 47.54% year-on-year in the absence of a one-off gain from reversal of provisions, even as revenue rose 5.85%.

Net profit for the three months ended June 30, 2025 (4QFY2025) dropped to RM43.53 million from RM82.97 million a year earlier, as other income slumped 92.04% to RM6.79 million from RM85.32 million. Last year’s earnings were boosted by a RM74 million reversal of provisions from an executive share scheme.

Quarterly revenue, however, increased to RM564.02 million from RM532.84 million, supported by contributions from its Asia, US and Europe segments. The semiconductor services provider did not declare any dividend for the quarter.

Looking ahead, MPI, which provides outsourced semiconductor packaging and testing, said the industry continues to face uncertainties from volatile market conditions, ongoing political tensions and US trade tariffs.

“Management remains committed to mitigating potential risks and minimising disruption caused by these challenges,” the group said in a bourse filing. 

For FY2025, net profit declined 6.46% to RM153.78 million from RM164.4 million, while revenue rose 1.72% to RM2.13 billion from RM2.09 billion. 

Shares in MPI ended 78 sen or 3.4% lower at RM22.14 on Thursday, giving the group a market capitalisation of RM4.65 billion.