looks good despite the higher operating expenses and forex loss. SMBU benefitted from the front loading by customers to avoid the liberation day tariffs and SMBU segment should continue to do well for Q3 given the recent talks on semiconductor tariffs.

MI is pretty sensitive to forex particularly USD and followed by RMB and TWD. Every 10% weakening of USD translates to MYR19Mil decrease of PAT, 10% weakening of RMB translates to MYR5Mil decrease of PAT. Quite a number of companies were hit by forex impact due to the weakening of USD in 2025; particularly exporter. Hopefully USD will not weaken further.