Globaltec Formation Berhad reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was MYR 49.62 million compared to MYR 52.39 million a year ago. Net income was MYR 1.33 million compared to MYR 3.03 million a year ago.

Basic earnings per share from continuing operations was MYR 0.00493 compared to MYR 0.01126 a year ago.