KUALA LUMPUR (Feb 24): Unisem (M) Bhd (KL:UNISEM) posted a sixfold increase in net profit for its fourth quarter, lifted by a one-off RM23.77 million gain from the dissolution of foreign subsidiaries and higher sales volume.

Net profit for the three months ended Dec 31, 2025 (4QFY2025) rose to RM52.13 million from RM8.7 million a year earlier, as revenue increased 16.7% to RM480.55 million from RM411.78 million, a bourse filing showed.

The group declared a fourth interim dividend of one sen per share, payable on April 3, bringing total dividends declared for FY2025 to seven sen per share, slightly lower than the eight sen paid in the previous two financial years.

Looking ahead, Unisem said it expects to perform satisfactorily in the next financial year, supported by sustained demand for AI-related semiconductors and data centre applications, despite ongoing economic uncertainty, rising costs and a weaker US dollar.

For the full financial year ended Dec 31, 2025 (FY2025), net profit climbed 42.8% to RM86.65 million from RM60.67 million in FY2024, while revenue grew 18.40% to RM1.87 billion from RM1.58 billion.

According to AskEdge data based on Unisem’s Monday’s (Feb 23) closing of RM3.12 a share, the company was trading at a very high price to earnings ratio of 116.4 times, but at a price to net asset value ratio of 2.4 times, which is lower than most peers.

At Tuesday’s noon break, the shares of the semiconductor assembly and testing services provider slipped two sen or 0.64% at RM3.10. This gave the group a market capitalisation of RM5 billion.