PETALING JAYA: Greatech Technology Bhd ended its financial year 2020 (FY20) with another round of strong quarterly earnings, led by increased demand for its production line systems from the electric vehicle (EV) energy storage industry.
The factory automation solutions provider, which has seen its share price rise 267% in the last one year, announced that its net profit in the fourth quarter ended Dec 31,2020 surged almost 77% year-on-year (y-o-y) to RM31.83mil.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!