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JF TECHNOLOGY BERHAD — Earnings Release 2026
May 20, 2026
70817_rns_2026-05-20_390779be-b637-4c55-8828-4abbb5c28f33.pdf
Earnings Release
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JFTECH
We Bring Possibilities
JF Technology Berhad
Registration no: 200601027925 (747681-H)
PRESS STATEMENT / SIARAN AKHBAR
(FOR IMMEDIATE RELEASE)
JF TECH: 9M REVENUE SURPASSED PREVIOUS FULL-YEAR RECORD
- 9MFPE2026 revenue came in at RM59.3 million with net profit at RM7.2 million.
- Healthy performance driven by better performance across all business segments.
- Demand outlook continues to be strong, providing earnings visibility.
- Riding on the semiconductor growth along with the vast opportunities in the Al and data centre space.
Kota Damansara, 21 May 2026 – Main Market-listed leading innovator and manufacturer of high-performance test contacting and interface solutions for global integrated circuit ("IC") makers, JF Technology Berhad's (the "Group") ("杰冯科技"), announced its third quarter ("Q3FPE26") and nine-month financial results today for the period ending 31 December 2026 ("9MFPE26").
The Group has changed its financial year end to 31 December 2026 from 30 June 2026. As such, there will be no comparative financial information available for the preceding year corresponding periods. This is to align with overseas subsidiaries, including a China subsidiary required by law to maintain a December year-end. The change also streamlines the audit process, reducing both costs and resource strain arising from multiple audit cycles. The next audited financial statements will cover 18 months, from 1 July 2025 to 31 December 2026.
JFTECH
We Bring Possibilities
The Group registered its highest-ever cumulative 9-month revenue for 9MFPE2026 at RM59.3 million, surpassing the RM50 million mark for the first time in the Group's history. Notably, this figure has already exceeded the Group's previous full-year revenue record of RM45.3 million achieved in FYE2023, demonstrating the Group's strong growth momentum and sustained business expansion.
Group Managing Director of JF Technology Berhad, Dato' Foong Wei Kuong (拿督冯伟强) said, "We are pleased to report a strong set of results, delivered against a backdrop of macroeconomic uncertainty. Looking ahead, the industry outlook remains highly promising. According to the statistics from the Semiconductor Industry Association ("SIA"), global semiconductor sales reached USD298.5 billion in the first quarter of 2026, a 25% increase from fourth quarter of 2025. This extends the solid growth trajectory from 2025, where full-year global semiconductor sales hit an all-time high of USD791.7 billion, reflecting a 25.6% increase over 2024. The momentum is expected to sustain and on track to reach USD1 trillion in 2026, driven by broad and robust demand across the Asia Pacific region, the Americas, and China."
"Underpinning this momentum is the robust growth of artificial intelligence ("AI"). The global AI market, valued at approximately USD244 billion in 2025, is projected to grow at a Compound Annual Growth Rate ("CAGR") of 27.7% through 2030, reaching over USD800 billion by the end of the decade."
"This buoyant industry backdrop aligns closely with the Group's growth trajectory, as evidenced by the successive record-breaking revenue performance across consecutive quarters. This clearly exhibits the Group's foresight and courage to plan ahead and capitalise on the global semiconductor demand upcycle. As global AI and data centre investments continue to grow exponentially, the Group strategically positioning itself to capture this expanding wave of demand. All in all, the Board maintains a positive outlook on the Group's
JFTECH
We Bring Possibilities
growth prospects, anchored by strong operational momentum, healthy order visibility, and the Group's proven ability to navigate a dynamic environment.” Dato’ Foong concluded his comments.
Chief Executive Officer of JF Technology Berhad, Mr. Andy Goh Joo Hwa (吴儒桦) commented, “The team is reaping the rewards of the initiatives and efforts put in place, as evidenced by our nine-month revenue already surpassing the previous record set just a few years ago. Meanwhile, The Group’s order outlook across all our key business segments continues to be strong, giving us healthy earnings visibility. The integration of the acquired companies continues to progress well, meaningfully enhancing the Group's capabilities and broadening our market reach.
"Notwithstanding the above, ongoing geopolitical tensions continue to exert pressure on global supply chains, resulting in elevated input costs. The Group has proactively engaged our stakeholders to jointly manage the impact, and remains confident that the overall situation is manageable. The Group will proactively execute productive measures to grow our business and bottom line. All things considered, the Group’s prospects are bright riding upon the strong growth of the semiconductor sector combined with the vast opportunities in the AI and data centre space.” Mr. Andy Goh further added.
For the current quarter under review, revenue hit an all-time high of RM23.2 million. Key markets mirrored this strong momentum, with Malaysia, China, and the United States (“US”) all posting record revenues of RM5.9 million, RM10.5 million, and RM4.6 million respectively in the current quarter under review. Notably, China's quarterly sales surpassing RM10 million is a new record and signify the growth momentum generated by our strategy.
Meanwhile, the healthy top-line performance was also reflected at the PBT level. Q032026 came in at RM4.6 million, which is the second occasion on which the Group’s quarterly PBT has exceeded the RM4.5 million-mark, the first being in
3
JFTECH
We Bring Possibilities
1QFY2022. Sequentially, the Group posted a net profit of RM3.2 million for the current quarter under review. The commendable performance was chiefly attributed to the abovementioned factors.
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About JF Technology Berhad
JF Technology is a Main Market-listed leading innovator and manufacturer of high-performance test contacting and test interface solutions for global integrated circuit ("IC") makers. The Group has more than 25 years of industry experience with in-depth technical expertise. With strong emphasis research and development ("R&D"), JF Technology has filed more than 100 patents in various countries. Listed on the MESDAQ Market (now known as ACE Market) of Bursa Malaysia Securities Berhad since 2008, the Group's headquarter and manufacturing facilities are located in Kota Damansara, Selangor with another manufacturing base in Kunshan, China.
Released on behalf of JF Technology Berhad by Capital Front Investor Relations.
For media enquiries, kindly contact:
Name: Kai Khoo
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