KUALA LUMPUR (Oct 31): Shares in Globetronics Technology Bhd rose 4.85% in early trade this morning after its net profit jumped by 64.15% year-on-year to RM23.6 million in the third quarter ended Sept 30, 2018 (3QFY18), from RM14.38 million a year ago.
At 9.19am, Globetronics rose 11 sen to RM2.38 with 487,300 shares traded.
The better performance was despite a small 0.8% increase in quarterly revenue to RM87.7 million, from RM87.01 million previously.