KUALA LUMPUR (Dec 16): Integrated engineering supporting services provider UWC Bhd (KL:UWC) remains optimistic about its business and industry prospects as the group posted a first-quarter net profit of RM17.1 million, more than double the RM6.49 million it made a year earlier, as quarterly revenue hit a record high.

Revenue for the first quarter ended Oct 31, 2025 (1QFY2026), grew 35.1% to RM120.84 million from RM89.42 million in 1QFY2025, driven by stronger semiconductor orders and contributions from acquired subsidiaries. No dividends were declared for the quarter under review.

The group's optimism stems from its observation of signs of recovery and consistent enquiries for front-end semiconductor, life science and 5G test equipment supply.

In semiconductors, UWC noted improving momentum in both front-end and back-end activities, supported by rising demand for advanced computing and artificial intelligence (AI) applications.

“The rapid adoption of AI across data centres, cloud infrastructure and high-performance computing is fuelling demand for more complex, high-precision semiconductor manufacturing equipment,” it said.

Leveraging its integrated engineering, precision manufacturing and system integration capabilities, UWC believes it is well positioned to support customers in advanced logic, memory and AI-enabled semiconductor platforms through module assembly and subsystem manufacturing.

The group added that ongoing investments in cleanroom readiness, automation and quality systems further strengthen its ability to meet increasingly stringent customer requirements.

Shares in UWC slipped 4 sen or 1%, to RM3.97 on Tuesday (Dec 16), giving the company a market capitalisation of RM4.38 billion. Year-to-date, the stock has gained 25.6%.