1 截至2023年6月30日止六個月中期業績公告 根據馬來西亞證券交易所主板市場的上市規定，本集團中期業績與本公司於馬來西 亞的控股公司Pentamaster Corporation Berhad的季度業績公告一併發佈。 • 本集團收益為342.1百萬令吉，較去年同期增加15.1%。 • 於2023年6月30日的現金及現金等價物為355.5百萬令吉，而於2022年12月31日 則為328.6百萬令吉。 未經審核簡明綜合損益及其他全面收益表 截至2023年6月30日止三個月及六個月 | --- | --- | --- | --- | --- | --- | |-----------------------------------------|-------|--------|--------|--------|--------| | | | | | | | | 虧損 | | (35) | (25) | (23) | (26) | | | | | | | | | 本公司擁有人應佔期內溢利及 全面收益總額 | | 37,513 | 31,087 | 71,848 | 64,260 | | | | | | | | | ...

Financial Performance - The company's revenue for Q1 2023 was RM 165.3 million, an increase of 13.2% compared to RM 145.99 million in Q1 2022[20] - Gross profit for the same period was RM 47.42 million, up from RM 44.47 million, reflecting a stable gross margin[23] - The company reported a net profit attributable to shareholders of RM 34.32 million for Q1 2023, compared to RM 33.17 million in Q1 2022[22] - The group achieved a net profit of approximately 34.3 million MYR for the quarter, an increase of about 3.5% compared to the previous year[40] - Basic and diluted earnings per share for the quarter were both 1.44 sen, consistent with the previous year's performance[40] - The company’s basic earnings per share increased from 1.39 sen in Q1 2022 to 1.44 sen in Q1 2023[56] - The EBITDA for Q1 2023 reached 38.0 million MYR, an increase of approximately 5.2% from 36.1 million MYR in Q1 2022[56] - The pre-tax profit of 34.95 million MYR for Q1 2023, compared to 34.12 million MYR in Q1 2022, reflecting a slight increase[46] Cash Flow and Assets - The company's cash and cash equivalents as of March 31, 2023, were RM 302.4 million, down from RM 328.6 million as of December 31, 2022[17] - The total assets increased to RM 1,019.08 million from RM 1,001.66 million year-over-year[26] - The total equity increased to RM 772.56 million as of March 31, 2023, compared to RM 736.71 million at the end of 2022[26] - The company recorded a net cash outflow from operating activities of 8.4 million MYR for Q1 2023, compared to a cash inflow of 2.9 million MYR in Q1 2022[46] - The net cash used in investing activities was 17.85 million MYR for Q1 2023, compared to 8.40 million MYR in Q1 2022[48] - The company incurred a foreign exchange loss of 7.3 million MYR during the period, contrasting with no foreign exchange loss in Q1 2022[56] - The company faced a net foreign exchange loss of approximately 1.6 million MYR during the quarter, primarily due to foreign exchange losses recorded under administrative expenses[38] Operational Highlights - The company has a strong order backlog entering 2023, with expectations to complete and deliver most orders within the year, particularly in the automotive and medical equipment sectors[7] - The semiconductor and consumer and industrial products markets are showing moderate growth, with revenue contributions expected to remain stable compared to the previous year[7] - The automotive segment generated 90.1 million MYR, accounting for 54.5% of total revenue, up from 52.4 million MYR (35.9%) in the previous year[37] - The medical instruments segment saw revenue increase to 19.1 million MYR, representing 11.6% of total revenue, compared to 11.1 million MYR (7.6%) in the previous year[37] - The FAS segment experienced a remarkable revenue growth of 82.7%, reaching 58.3 million MYR compared to 31.9 million MYR in the previous year, contributing 35.4% to the overall revenue[36] - The automotive sector contributed 79.1% to the revenue in Q1 2023, up from 45.2% in Q1 2022, reflecting a growth of 71.8%[52] Expenses and Costs - Administrative expenses rose to RM 19.36 million in Q1 2023 from RM 10.58 million in Q1 2022, primarily due to increased operational costs[14] - The gross profit margin for Q1 2023 was approximately 28.7%, down from 30.5% in Q1 2022, primarily due to significant adjustments in direct and indirect labor costs[54] - Other income rose to 8.0 million MYR from 3.8 million MYR year-over-year, driven by increased interest income and foreign exchange gains[38] Strategic Initiatives - The company plans to continue its growth strategy focusing on product diversification, segment diversification, and geographical expansion, including establishing a wholly-owned subsidiary in Germany[70] - The company continues to invest in factory automation solutions, enhancing its capabilities in integrated automation manufacturing solutions[5] - The company incurred research and development costs of 1.6 million MYR for a single-use medical device through its wholly-owned subsidiary Pentamaster MediQ[76] Market Trends - The semiconductor segment's contribution to the ATE sub-market decreased to 13.8% from 16.1% year-over-year, reflecting the cyclical nature of demand amid global semiconductor downturns[35] - The contribution from the optoelectronics segment significantly declined to 6.6% from 29.5% year-over-year, attributed to the ongoing downturn in the global smartphone market[35]

Financial Performance - Revenue for 2022 reached MYR 600,587, an increase of 18.2% from MYR 508,086 in 2021[5] - Profit before taxation for 2022 was MYR 134,758, up 11.0% from MYR 120,574 in 2021[5] - Profit after taxation for 2022 amounted to MYR 133,301, representing a 14.1% increase compared to MYR 116,744 in 2021[5] - Total assets as of 2022 were MYR 1,001,661, a significant rise from MYR 825,080 in 2021, marking a growth of 21.4%[5] - Total liabilities increased to MYR 264,948 in 2022, up from MYR 188,337 in 2021, reflecting a growth of 40.7%[5] - Net assets for 2022 were MYR 736,713, compared to MYR 636,743 in 2021, indicating an increase of 15.7%[5] Corporate Strategy and Growth - The company aims to be a leader in global automation solutions, focusing on high-quality and cost-effective solutions[17] - Future growth strategies include leveraging technology trends to enhance the company's global footprint[18] - The company is committed to continuous innovation in new products and technologies to meet market demands[18] - Expansion plans include increasing presence in key markets such as China and Japan through subsidiaries[8] Board Governance and Structure - The Board is responsible for guiding and monitoring the Company, overseeing the Group's businesses, strategic decisions, and performance[38] - The Company has appointed three independent non-executive Directors, representing more than one-third of the Board, fulfilling independence requirements[40] - The Audit Committee is responsible for reviewing financial reporting, risk management, and internal control systems[64] - The Board aims to maintain at least one Director of a different gender, with current representation of two female Directors out of six[52] - The Company has established a diversity policy to ensure a balanced representation of skills, experience, and perspectives on the Board[47] - The Board has access to senior management for information and decision-making support[61] - The Company has adopted a policy for obtaining independent views and input to enhance corporate governance[58] - The Board will annually review the implementation and effectiveness of the diversity policy[53] - The Company is committed to developing a diverse pool of skilled employees for future leadership roles[55] Share Awards and Compensation - The Board approved the grant of 11,402,000 award shares, representing approximately 0.71% of the total issued shares, to selected employees[71] - The maximum number of shares permitted to be issued under the Scheme is 80,000,000 shares, which represents approximately 5% of the total issued shares as of the Adoption Date[73] - In 2022, 250,000 award shares were granted to executive director Gan Pei Joo, with the trustee purchasing 24,618,000 shares during the year[74] - The total number of award shares for 2021, including a bonus issue, amounts to 17,103,000 shares[71] - The trustee purchased 3,110,000 shares during 2021 to satisfy the 2021 award shares[71] - The maximum number of shares that may be awarded to an individual selected employee under the Scheme shall not exceed 1% of the total number of issued shares[73] - The granted shares vest on a three-year equal basis, with the first vesting date on January 4, 2021[144] - The total number of shares issued after the bonus adjustment is 120,000,000 shares[73] - The trustee will acquire the award shares through on-market purchases upon satisfaction of vesting conditions[71] Director and Officer Insurance and Nomination - The company has arranged appropriate insurance cover for potential legal actions against its Directors and Officers[124] - The company has established a Nomination Committee consisting of three independent non-executive Directors to review the structure, size, and composition of the Board[170] - One Nomination Committee meeting was held during the year ended December 31, 2022, to review the retirement and re-nomination of directors for re-election[170] - The Board has adopted a nomination policy that includes key selection criteria for Directors, ensuring at least one Director of a different gender is present[172][173] - All Directors are subject to retirement and re-election at least once every three years, with one-third of all Directors retiring by rotation[181] - The company emphasizes continuous professional development for all Directors to ensure they contribute effectively to the Board[185] - The attendance record for Board meetings shows full participation from all Directors, indicating strong governance practices[200] - The company has a formal and transparent process for the appointment and removal of Directors, led by the Nomination Committee[179] - The Nomination Committee assesses the independence of non-executive Directors in accordance with Listing Rules[173] - The company has implemented a Board Diversity Policy to enhance the diversity of perspectives within the Board[174] Auditor Remuneration - The total auditor's remuneration for the year was reported as 700,000[187]

Financial Performance - The company's revenue for the nine months ended September 30, 2022, was RM 452.9 million, an increase of 17.4% compared to RM 385.7 million in the same period last year[3]. - The profit for the period was approximately RM 96.7 million, representing a year-on-year increase of about 12.0% from RM 86.4 million[4]. - Basic and diluted earnings per share for the nine months ended September 30, 2022, were both 4.06 sen, compared to 3.60 sen for the same period last year[3]. - The company reported a net profit of 96,727 thousand MYR for the nine months ended September 30, 2022, compared to 86,398 thousand MYR for the same period in 2021, representing an increase of approximately 11.5%[9]. - The net profit for the nine months ended September 30, 2022, was 96.7 million MYR, a 12.0% increase from 86.4 million MYR in the same period last year, with EBITDA rising to 103.3 million MYR, up 9.0% from 94.8 million MYR[22]. Cash and Liquidity - Cash and cash equivalents as of September 30, 2022, were RM 314.6 million, down from RM 350.0 million as of December 31, 2021[4]. - Operating cash flow for the nine months ended September 30, 2022, was 25,092 thousand MYR, down from 80,059 thousand MYR in the previous year, indicating a decline of about 68.7%[10]. - The company reported a decrease in cash and cash equivalents by 37,441 thousand MYR for the nine months ended September 30, 2022, compared to an increase of 38,019 thousand MYR in the prior year[11]. Assets and Liabilities - Total assets as of September 30, 2022, were RM 964.5 million, an increase from RM 825.1 million as of December 31, 2021[8]. - Total liabilities as of September 30, 2022, were RM 265.2 million, up from RM 188.3 million as of December 31, 2021[8]. - Total equity as of September 30, 2022, was RM 699.3 million, compared to RM 636.7 million as of December 31, 2021[8]. - Total equity as of September 30, 2022, was 699,338 thousand MYR, up from 604,686 thousand MYR as of September 30, 2021, reflecting a growth of approximately 15.6%[9]. Inventory and Receivables - The company's inventory as of September 30, 2022, was RM 140.0 million, significantly higher than RM 72.0 million as of December 31, 2021[7]. - Trade receivables increased to RM 242.9 million as of September 30, 2022, from RM 164.0 million as of December 31, 2021[7]. - The company experienced a significant increase in inventory, which rose by 68,048 thousand MYR compared to an increase of 28,382 thousand MYR in the prior year[11]. Revenue Segments - Revenue from the Automation Testing Equipment segment increased by 113.8 million MYR to 385.2 million MYR, marking a growth of 41.9%, with the automotive sector contributing approximately 55.2% of this segment's revenue[15]. - The Factory Automation Solutions segment reported a total revenue of 131.0 million MYR for the first nine months of 2022, up from 118.5 million MYR in the same period last year, reflecting a growth of 10.6%[17]. - The automotive sector accounted for 40.9% of total revenue in the first nine months of 2022, significantly up from 17.2% in the same period last year[18]. - The semiconductor industry contributed a revenue increase of 19.9% compared to the same period in 2021, indicating strong demand driven by global digital transformation trends[16]. - The company continues to see robust demand for its proprietary i-ARMS (Intelligent Automation Robotics Manufacturing System) solutions, particularly in the medical devices sector, which contributed 11.3% of total revenue[17]. - The company anticipates growth in revenue from the Factory Automation Solutions segment as the industrial automation market expands post-pandemic, presenting significant opportunities[17]. Expenses and Other Income - Administrative expenses rose to 49.5 million MYR from 29.9 million MYR in the previous year, primarily due to a derivative loss of 20.3 million MYR and increased employee benefits costs of 3.5 million MYR[21]. - Other income increased from 14.2 million MYR in the previous year to 15.3 million MYR for the nine months ended September 30, 2022, with approximately 10.8 million MYR in foreign exchange gains offsetting a derivative loss of about 20.3 million MYR, resulting in a net foreign exchange loss of approximately 9.5 million MYR[20]. Capital Expenditures and Dividends - The company incurred capital expenditures of 18,314 thousand MYR for the purchase of property, plant, and equipment during the nine months ended September 30, 2022, compared to 7,852 thousand MYR in the previous year[11]. - The company paid dividends totaling 26,904 thousand MYR for the year-end 2021, compared to 16,998 thousand MYR for the year-end 2020, marking an increase of about 58.5%[11]. Future Outlook - The company is optimistic about achieving record business growth by the end of the fiscal year, with strong contributions from the automation testing equipment and factory automation solution segments, despite potential global economic challenges[23]. - The automotive segment is expected to be a major strategic pillar for the company in the medium term, supported by rapid growth in electrification trends, with necessary operational costs incurred for regional expansion[24].

Financial Performance - The company's revenue for the six months ended June 30, 2022, was RM 297.3 million, an increase of 21.1% compared to RM 245.6 million in the same period of 2021[6] - The gross profit for the same period was RM 91.6 million, up from RM 73.2 million, reflecting a growth of 24.9%[6] - Profit for the period was RM 64.3 million, representing a 15.4% increase from RM 55.7 million in the previous year[6] - Operating profit for the six months was RM 66.4 million, an increase from RM 58.2 million in the previous year[8] - The company reported a net profit of RM 31.1 million for the quarter ended June 30, 2022, compared to RM 29.2 million in the same quarter of 2021[9] - The profit before tax for the six months ended June 30, 2022, was RM 65,948 thousand, compared to RM 57,619 thousand in the same period of 2021, indicating a growth of 14%[25] - The net profit for the first half of 2022 was RM 64.3 million, a 15.4% increase from RM 55.7 million in the first half of 2021, with EBITDA rising to RM 69.9 million, up 14.0% from RM 61.4 million[51] Cash and Cash Equivalents - Cash and cash equivalents as of June 30, 2022, were RM 307.8 million, down from RM 350.0 million as of December 31, 2021[7] - The total cash and cash equivalents at the end of the reporting period were 307,783 thousand MYR, down from 333,947 thousand MYR at the end of June 30, 2021, reflecting a decrease of approximately 7.8%[17] - The company reported a cash and cash equivalents balance of 699,396 thousand MYR, up from 600,594 thousand MYR, indicating an increase of about 16.4%[11] Assets and Liabilities - As of June 30, 2022, total assets increased to 934,903 thousand MYR from 825,080 thousand MYR as of December 31, 2021, representing a growth of approximately 13.3%[11] - Current liabilities increased to 266,882 thousand MYR from 184,038 thousand MYR, a rise of approximately 45.0%[12] - Trade payables rose significantly to 123,022 thousand MYR from 77,553 thousand MYR, an increase of approximately 58.5%[12] - The company’s retained earnings increased to 538,405 thousand MYR from 475,457 thousand MYR, reflecting a growth of approximately 13.2%[14] - Trade receivables as of June 30, 2022, amounted to 235,705 thousand MYR, up from 164,043 thousand MYR as of December 31, 2021, indicating a year-on-year increase of about 43.6%[34] Revenue Segmentation - Revenue from external customers for the six months ended June 30, 2022, was RM 290,678 thousand, compared to RM 242,431 thousand in 2021, reflecting an increase of 20%[28] - The automation testing equipment segment generated RM 264,156 thousand in revenue, while the factory automation solutions segment contributed RM 76,254 thousand, totaling RM 297,333 thousand[24] - The automotive sector accounted for 34.6% of the total revenue in H1 2022, with revenue of 103.0 million MYR, compared to 10.6% and 25.9 million MYR in H1 2021[47] - The semiconductor industry contributed approximately 18.2% to the automation testing equipment segment's revenue, with 54.2 million MYR in H1 2022, compared to 17.5% and 43.1 million MYR in H1 2021[47] Dividends - The company did not recommend any interim dividend for the six months ended June 30, 2022[7] - The company declared a final dividend of 25,766 thousand MYR for the previous year, which is consistent with its dividend policy[14] - The company did not declare any interim dividend for the six months ended June 30, 2022, consistent with the previous year[32] Operational Challenges - The company experienced an increase in inventory by 44,082 thousand MYR and accounts receivable by 93,928 thousand MYR during the reporting period, indicating potential challenges in cash flow management[16] - The group is focusing on long-term supply chain strategies to mitigate ongoing supply chain challenges and geopolitical tensions affecting the market[42] Strategic Initiatives - The company aims to leverage the latest technology to provide quality and cost-effective solutions to its customers[3] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24] - The group plans to expand into Germany, targeting the automotive industry, with Indonesia and the Middle East as the next goals for factory automation and single-use medical devices[58] - The strategic roadmap for 2022-2025 includes product innovation, expansion, and diversification to ensure sustainable business growth[59] Employee and Governance - The company had a total of 719 full-time employees as of June 30, 2022, an increase from 689 employees as of December 31, 2021[67] - The company is committed to competitive compensation plans and regular training programs to enhance employee skills and retention[67] - The company has adhered to all applicable provisions of the corporate governance code as of June 30, 2022[69] - The audit committee was established on December 19, 2017, and includes two independent non-executive directors and one non-executive director[70] Financial Reporting - The interim financial statements for the six months ended June 30, 2022, were reviewed by the audit committee[70] - The company has not yet adopted new or revised International Financial Reporting Standards that may impact its financial performance, indicating a stable accounting policy environment[20]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 PENTAMASTER INTERNATIONAL LIMITED 檳傑科達國際有限公司 （於開曼群島註冊成立的有限公司） （股份代號 : 1665） 截至 2022 年 3 月 31 日止三個月 未經審核第㇐季度業績公告 檳傑科達國際有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈，本 公 司 及 其 附 屬 公 司 （ 統 稱 「 我 們 」 或 「 本 集 團 」 ） 截 至 2022 年 3 月 31 日 止 三 個 月 （「2022 年第㇐季度」）的未經審核綜合財務業績，連同截至 2021 年 3 月 31 日止三個 月（「2021 年第㇐季度」）的比較數字（以馬來西亞令吉「令吉」呈列）。 根據馬來西亞證券交易所主板市場的上市規定，本集團未經審核第㇐季度業績與本公司於 馬來西亞的控股公司 Pentamaster Corporation Berhad 的季度業績公告㇐併發佈。 1 ...

Company Overview - Pentamaster International Limited aims to be a world-class automation solutions provider in the global market[3]. Financial Performance - The company reported a financial summary indicating a significant growth in revenue, with a year-on-year increase of 15%[7]. - Revenue for 2021 reached MYR 508,086, an increase of 21.4% from MYR 418,581 in 2020[12]. - Profit after taxation for 2021 was MYR 116,744, up from MYR 113,921 in 2020, reflecting a growth of 2.4%[12]. - The Group recorded a revenue of MYR 508.1 million in 2021, an increase of 21.4% compared to 2020, while profit after taxation rose by 2.5% to MYR 116.7 million[85]. - The Group's overall gross margin for the year was 30.5%, down from 33.5% in 2020, with the highest margin in Q4 at 32.1%[114]. - The Group recorded a net profit of MYR 116.7 million in 2021, representing an increase of 2.5% compared to MYR 113.9 million in 2020[115]. - EBITDA for 2021 stood at MYR 127.9 million, an increase of 4.4% from MYR 122.5 million in 2020[115]. Market Expansion and Strategy - Future outlook includes a projected revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion[7]. - Pentamaster plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[7]. - The company is exploring potential acquisitions to enhance its product offerings and market reach, with a focus on strategic partnerships[7]. - The Group aims to enhance its marketing efforts in key markets such as the United States, India, and the Middle East[85]. - The Group aims to establish a presence in Germany in 2022 and offices in Indonesia and the Middle East by 2023[85]. - The company aims to achieve revenue of MYR 1 billion by 2025[17]. Research and Development - The company is investing in R&D for new technologies, with a budget allocation of 5 million USD for the upcoming year[7]. - Continuous efforts are made to enhance the efficiency of the R&D function for new product development[129]. - The Group's R&D efforts in high-end technology for smart devices and i-ARMS have led to product differentiation in the marketplace[133]. Sustainability and Governance - The management highlighted a commitment to sustainability, aiming for a 30% reduction in operational carbon footprint by 2025[7]. - The company emphasizes its commitment to environmental, social, and governance (ESG) practices as part of its corporate strategy[35]. - The company has complied with all applicable provisions of the Corporate Governance Code up to December 31, 2021[153]. - The company is committed to enhancing its corporate governance practices to comply with the New Corporate Governance Code effective from January 1, 2022[153]. Awards and Recognition - Pentamaster Group was awarded the 2019 THE EDGE's Billion Ringgit Club award for "Highest Growth in Profit After Tax Over Three Years" and "Highest Returns to Shareholders Over Three Years"[20]. - The company has received multiple awards, including the Gold Award for Export Excellence in the Machinery, Electrical and Electronics category for mid-tier and large companies in 2021[147]. - The company was recognized as the Exporter of the Year in 2021 for mid-tier and large companies[147]. Management and Leadership - The company has a strong leadership team with extensive experience in automation and technology solutions, contributing to its growth and success[33]. - The Board includes members with significant experience in their respective fields, enhancing the company's governance and strategic direction[42][43]. - The Company has not appointed a chief executive; day-to-day management is delegated to different individuals by the Board[159]. Employee Growth - The number of employees has increased to over 700, indicating significant growth in workforce[17]. - The total number of full-time employees increased to 689 as of December 31, 2021, from 612 in 2020[117]. Product Development and Diversification - New product development includes automation solutions aimed at the healthcare sector, expected to launch in Q3 2024[7]. - The company has diversified its business into Automated Test Equipment (ATE), Medical Automation Solutions (MAS), and Factory Automation Solutions (FAS)[29]. - The strategic decision to diversify into the automotive, medical, consumer, and industrial products sectors has helped mitigate softness in the electro-optical sector[74]. Challenges and Resilience - The company remains focused on enhancing competitiveness and exploring growth opportunities despite challenges posed by the COVID-19 pandemic and supply chain issues[72]. - The company’s resilience is highlighted by its ability to achieve strong revenue growth during unpredictable economic conditions[73]. - The Group is actively reassessing its supply chain strategies due to ongoing supply chain challenges expected to last until 2023, focusing on inventory management and capacity planning[97].

Financial Performance - The company's revenue for the six months ended June 30, 2021, was RM 245.6 million, an increase of approximately 21.0% compared to RM 203.1 million in the same period last year[7]. - The gross profit for the same period was RM 73.2 million, compared to RM 71.0 million in the previous year, reflecting a slight increase[7]. - The profit for the period was RM 55.7 million, which represents a growth of approximately 5.6% from RM 52.7 million in the prior year[8]. - Basic and diluted earnings per share for the period were 3.48 sen, compared to 3.29 sen in the previous year[7]. - Operating profit for the six months was RM 58.2 million, compared to RM 56.8 million in the same period last year[10]. - Total revenue for the six months ended June 30, 2021, was RM 245,610,000, representing a 20.9% increase from RM 203,064,000 in the same period of 2020[36]. - The company reported a pre-tax profit of RM 56,071,000 for the six months ended June 30, 2021, compared to RM 52,706,000 in the same period of 2020[38]. - The group reported a net profit of RM 55.7 million for the first half of 2021, a 5.6% increase from RM 52.7 million in the same period of 2020[61]. Cash Flow and Liquidity - Cash and cash equivalents as of June 30, 2021, stood at RM 333.9 million, up from RM 300.3 million as of December 31, 2020[8]. - Cash generated from operating activities before tax profit was 57,619 thousand MYR, a slight increase from 56,071 thousand MYR year-over-year[17]. - Net cash generated from operating activities was 50,659 thousand MYR, significantly higher than 17,068 thousand MYR in the same period last year[17]. - The operating cash flow for the first half of 2021 was RM 50.7 million, significantly higher than RM 17.1 million in the same period of 2020[64]. - The current ratio as of June 30, 2021, was 3.49, indicating a strong liquidity position[61]. Assets and Liabilities - Total assets as of June 30, 2021, amounted to RM 735.9 million, an increase from RM 659.3 million as of December 31, 2020[11]. - Total liabilities as of June 30, 2021, amounted to 161,470 thousand MYR, reflecting a 28.5% increase from 125,731 thousand MYR[13]. - Current liabilities increased to 156,902 thousand MYR, up 31.8% from 119,148 thousand MYR in the previous period[13]. - Total equity as of June 30, 2021, reached 574,473 thousand MYR, an increase of 7.7% from 533,545 thousand MYR as of December 31, 2020[13]. Revenue Segmentation - The Automation Testing Equipment segment generated revenue of RM 177.645 million, while the Factory Automation Solutions segment contributed RM 70.753 million[30]. - Revenue from external customers for sold goods was RM 242,431,000, up from RM 198,614,000 year-over-year[36]. - Revenue from services provided decreased to RM 3,179,000 from RM 4,450,000 in the previous year[36]. - The Automation Testing Equipment segment reported a segment profit of RM 51.839 million, while the Factory Automation Solutions segment reported RM 5.884 million[30]. - The automated test equipment segment generated revenue of 177,645 thousand MYR, accounting for approximately 72.0% of total revenue, while the factory automation solutions segment contributed 70,753 thousand MYR, or about 28.0%[54]. Market and Strategic Focus - The company aims to leverage the latest technology to provide high-quality, cost-effective solutions to its customers[6]. - The company is committed to becoming a leading provider of automation solutions in the global market[6]. - The company anticipates continued growth in the semiconductor industry despite ongoing challenges from the COVID-19 pandemic, with a focus on automation solutions[54]. - The company expects to achieve record revenue in 2021, with a focus on enhancing profitability and sustainable operations despite macroeconomic uncertainties[68]. - The company plans to leverage its core competencies in optoelectronics, automotive, and medical sectors to benefit from the growing demand for customized testing equipment in China[67]. Corporate Governance and Compliance - The company has complied with all applicable provisions of the corporate governance code during the six months ending June 30, 2021[83]. - The audit committee reviewed the unaudited condensed consolidated financial statements for the six months ending June 30, 2021[85]. Employee and Shareholder Information - As of June 30, 2021, the total number of full-time employees increased to 644, up from 612 as of December 31, 2020[78]. - PCB holds a significant stake of 1,009,535,993 shares, representing approximately 63.10% of the company's total shares as of June 30, 2021[76].

Pentamaster International Limited 檳傑科達國際有限公司 (於開曼群島註冊成立的有限公司) 股份代號 : 1665 SHAPING THE FUTURE THROUGH INNOVATION PHOTONICS OPTICS IMAGING GYRO MOTION 年報 2020 | --- | --- | --- | --- | |----------------------------------------|-------|------------|------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | 成為全球市場的領先者和世界 級自動化解決方的提供者 我們的願景 | | | | | | | | | | | | | | 我們的使命 | 我們致力利用最新科技為客戶供應品質高超、成 本合算的解決方案並提供增值服務，令我們的供 應商、僱員以至整體社 ...

Financial Performance - The group's revenue for the six months ended June 30, 2020, was RM 203.1 million, a decrease of approximately 14.3% compared to RM 236.98 million in the same period last year[5]. - The profit for the period was RM 52.7 million, representing a decrease of about 14.6% from RM 61.73 million in the previous year[6]. - Basic and diluted earnings per share for the six months ended June 30, 2020, were 3.29 sen, down from 3.86 sen in the same period last year[5]. - The gross profit for the six months ended June 30, 2020, was RM 70.95 million, compared to RM 84.89 million in the previous year[5]. - Operating profit for the six months ended June 30, 2020, was RM 56.82 million, down from RM 67.65 million in the same period last year[7]. - The group reported a total comprehensive income of RM 52.7 million for the six months ended June 30, 2020, compared to RM 61.73 million in the previous year[7]. - The company reported a profit of 52,706 thousand MYR for the six months ended June 30, 2020, compared to 61,730 thousand MYR for the same period in 2019, indicating a decline of approximately 14.6%[12]. - The company's net profit for the six months ended June 30, 2020, was RM 52,706 thousand, compared to RM 61,730 thousand for the same period in 2019, reflecting a decline of approximately 14.5%[21]. - The group's net profit for H1 2020 was 52.7 million MYR, a decrease of 14.6% from 61.7 million MYR in H1 2019, with EBITDA falling by 15.8% to 58.7 million MYR[43]. Cash Flow and Liquidity - Cash and cash equivalents as of June 30, 2020, amounted to RM 318.0 million, an increase from RM 304.0 million as of December 31, 2019[6]. - Cash generated from operating activities for the six months ended June 30, 2020, is 17,068 thousand MYR, a significant decrease from 86,773 thousand MYR for the same period in 2019, reflecting a decline of approximately 80.4%[13]. - The net cash increase for cash and cash equivalents is 11,796 thousand MYR for the six months ended June 30, 2020, compared to 72,289 thousand MYR for the same period in 2019, showing a decrease of about 83.7%[14]. - Operating cash flow remained positive at 17.1 million MYR in H1 2020, down from 86.8 million MYR in H1 2019, with cash and cash equivalents increasing from 304.0 million MYR to 318.0 million MYR[45]. Assets and Liabilities - The total assets as of June 30, 2020, were RM 618.37 million, an increase from RM 578.36 million as of December 31, 2019[8]. - Total equity as of June 30, 2020, is 477,672 thousand MYR, an increase from 438,923 thousand MYR as of December 31, 2019, representing an increase of approximately 8.8%[9]. - Total liabilities as of June 30, 2020, are 140,701 thousand MYR, slightly up from 139,434 thousand MYR as of December 31, 2019, indicating a marginal increase of about 0.9%[9]. - The company's total assets as of June 30, 2020, amount to 618,373 thousand MYR, up from 578,357 thousand MYR as of December 31, 2019, representing an increase of about 6.9%[9]. Revenue Segmentation - Revenue from the Automation Testing Equipment segment was RM 138,450 thousand, while the Factory Automation Solutions segment generated RM 67,153 thousand[20]. - The largest revenue contributor by region was Singapore, accounting for RM 55,590,000 (27.4%), followed by China at RM 51,549,000 (25.4%) and Malaysia at RM 33,725,000 (16.6%) for the six months ended June 30, 2020[22]. - Revenue from China as a shipping destination increased significantly to RM 58,622,000 (28.9%) from RM 33,034,000 (13.9%) in the previous year[23]. - Revenue from external customers for sold goods was RM 198,614,000, while revenue from services provided was RM 4,450,000[24]. - The automation testing equipment segment generated revenue of 138.5 million MYR, down 33.6% from 208.6 million MYR in the previous year[38]. - The factory automation solutions segment saw a remarkable revenue increase of 71.5%, reaching 67.2 million MYR, compared to 39.2 million MYR in the same period last year[39]. Dividends and Shareholder Information - The group did not recommend any interim dividend for the six months ended June 30, 2020[6]. - The company’s proposed final dividend for the period is 13,032 thousand MYR, consistent with the previous year’s dividend[11]. - The company did not declare any interim dividends for the six months ended June 30, 2020, consistent with the previous year[27]. - Major shareholder PCB holds approximately 1,029,763,993 shares, representing 64.36% of the company[55]. Strategic Initiatives and Market Outlook - The group anticipates a positive recovery in H2 2020, having restored to 100% workforce operational capacity despite challenges posed by the COVID-19 pandemic[47]. - The group is expanding its presence in the medical equipment sector through the establishment of Pentamaster MediQ Sdn. Bhd. and the acquisition of TP Concept Sdn. Bhd.[49]. - The automotive division's product portfolio is diversifying, driven by the rise of electric vehicles and advancements in autonomous driving technology[48]. - The group is actively seeking strategic partnerships to enhance its business development, recognizing the urgency to accelerate these initiatives amid current market challenges[49]. - The company remains committed to maintaining its technological leadership to capture new market opportunities amid economic uncertainties[50]. Compliance and Governance - The company has complied with all applicable provisions of the corporate governance code as of June 30, 2020[60]. - The audit committee was established on December 19, 2017, and includes two independent non-executive directors and one non-executive director[61]. - The audit committee is responsible for reviewing and supervising the group's financial reporting process and internal controls[61]. - The company has adopted a securities trading code for directors, confirming compliance with the code during the reporting period[60]. - The audit committee reviewed the unaudited condensed consolidated financial statements for the six months ended June 30, 2020[62].