GVT's semiconductor segment was the biggest revenue contributor with $25.6 million, or 57.3% of the total. It was the biggest growth driver too with an increase of 62.4% y-o-y.
Grand Venture Technology has reported earnings of $2.6 million for its 1QFY2025 ended March, up 27.7% y-o-y. Revenue in the same period was up 44.8% y-o-y to $44.6 million, as net margin compressed from 6.6% to 5.8%.
The company attributes the better numbers to "continued wallet share expansion" with its key customers.
