IFCA profit jumps to RM9.7mil in the first quarter


PETALING JAYA: Software and IT systems firm IFCA MSC Bhd’s net profit jumped to RM9.7mil for its first quarter ended March 31, compared with a net profit of RM421,000 for the same period last year, following a strong billing quarter for software implementation.

The company, whose share price has gone up more than 14-fold in the past year, also said yesterday that it had entered into a heads of agreement with Indonesian firm PT IFCA Consulting Indonesia (PICI) to acquire its business for RM32mil.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , ifca , profit , earnings , stocks , shares ,

Next In Business News

From trend to mainstay: AI to cement its place at the core of 2026 investment strategies
Nuenergy disposes of 50% stake in warehousing firm for RM24.5mil
Ringgit continues to soar against greenback as US consumer confidence remains weak
PLB Engineering flagged for material uncertainty by external auditor
SIB disposes of land in Negeri Sembilan for RM25mil
Advancecon appoints Phum Boon Eng as managing director
Kinergy Advancement to change stock short name to KINERGY from Dec 30
FBM KLCI extends rally on Christmas Eve; ringgit at five-year high
Higher corporate bond yields push issuers to delay debt sales to next quarter
Oil rises for sixth session on US data, geopolitical tension

Others Also Read