Greatech Technology is trading at MYR 2.53, down -5.24%, after mixed Q2FY2026 results, with profit rising but revenue declining 9.9% year over year.
- Six-month net profit fell 3.8%, while lower e-mobility contributions and weaker gross margins raised concerns.
- Results were supported by foreign-exchange gains, lower expenses and an impairment reversal, suggesting weaker underlying operating trends may be driving the August 27 selloff.
- Trading activity details were unavailable; the decline followed Wednesday’s 2.69% gain. No separate analyst downgrade or major announcement was identified.