KUALA LUMPUR: Malaysian Pacific Industries (MPI) Bhd posted a net profit of RM81.68mil in the first quarter of its financial year ending Dec 31, 2021 – a 47.69% jump over the RM55.31mil recorded in the previous corresponding quarter.

       Earning per share rose to 41.17 sen compared with 28.05 sen in the comparative quarter.

       The board of directors declared a first interim dividend of 10 sen per share to be paid on Dec 23, 2021.

       For the quarter, the semiconductor manufacturer said revenue rose to RM584.5mil, a 32.67% increase over the same quarter in 2020 due to the improved performance across all segments and effective cost management.

       MPI said revenue in the Asia, US and Europe segments grew 30%, 31% and 43% respectively against the first quarter of the last financial year.