Revenue jump lifts Kronologi Q2 profit


Kronologi is a data solutions company and a market leader in providing on-site, off-site and hybrid EDM and data storage services to Asian businesses.

PETALING JAYA: Kronologi Asia Bhd’s net profit rose 12.47% to RM5.06mil on the back of a 28.78% jump in revenue to RM52.07mil for its second quarter ended June 30.This was achieved through a combination of higher contributions from Hong Kong, Taiwan and India operations, and a maiden contribution from the recent Sandz Solutions acquisition.

The majority of the group’s revenue was derived from Singapore, amounting to RM35.3mil, followed by Hong Kong and Taiwan which recorded RM18.476mil.

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Kronologi Group , data , storage , solutions , revenue , Hong Kong , Taiwan ,

   

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