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JF Technology Logs Record Fiscal Q3, Nine-Month Revenues; Shares Rise 5%

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JF Technology (KLSE:JFTECH) booked a record quarterly revenue of 23.2 million ringgit in its fiscal third quarter, according to a Thursday Malaysian bourse filing.

Shares rose over 5% in Friday's midday trade.

Meanwhile, nine-month revenue amounted to 59.3 million ringgit, marking its strongest performance to date.

The group has changed its financial year-end to Dec. 31 from June 30, hence no comparative year-ago figures are available.

The company said the quarterly result was driven by broad-based demand across Malaysia, China, and the U.S., with China crossing 10.5 million ringgit in sales for the period, and the US contributing 4.6 million ringgit.

For the nine-month period, earnings momentum was supported by sustained orders across segments and improving operational scale, as the group continues to benefit from the semiconductor upcycle and growing AI-related demand.

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