Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 12 CHAIRMAN’S MESSAGE (CONT’D) Award ceremony during The Edge Billion Ringgit Club Awards ceremony in FY2021 The Edge Billion Ringgit Club for Highest Growth in Profit After Tax Over Three Years in 2021 under Technology Sector The Edge Billion Ringgit Club for Highest Return to Shareholders Over Three Years in 2021 under Technology Sector During the year, the Group’s subsidiaries also received numerous recognitions and awards from our customers and local authorities in areas including excellent business performance and ESG initiatives. These awards inspire us to continue what we have been doing and a testament that we are on the right path in achieving our goals. BUSINESS REVIEW SEMICONDUCTOR In 2021, the global semiconductor industry sales totalled US$555.9 billion, the highest-ever recorded. That was an increase of 26.2% compared to 2020, as announced by the Semiconductor Industry Association on 14 February 2022. As for the Group’s business in this segment, it was also our best achievement to date with revenue and PAT growth of 22% and 24% respectively during the year. AWARDS AND RECOGNITION Frontken, for the second year in a row, was again selected as “Forbes Asia 200 Best Under a Billion Company” in FY2021. We also emerged as a winner for third year in a row for “The Edge Billion Ringgit Club for Highest Growth in Profit After Tax Over Three Years” and two years in a row for “The Edge Billion Ringgit Club for Highest Return to Shareholders Over Three Years” in FY2021 under the technology sector. We are extremely proud of these Awards as they are recognition of our continuous effort and hard work put in over the years. Selected as Forbes Asia 200 Best Under a Billion Company in FY2021 85% 15% 2021 400.0 350.0 300.0 250.0 200.0 150.0 100.0 50.0 - Semiconductor Engineering RM’ million Semiconductor and Engineering revenue percentage chart for the Group in FY2021
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