Green Packet’s revenue rises 50% in first quarter


Group managing director and CEO C C Puan said despite the unexpected Covid-19 pandemic that has brought substantial impact to every individual and business, the group’s core business remained strong and unaffected.

PETALING JAYA: Green Packet Bhd, an international technology and telecommunications company, reported a 50% rise in revenue for the first quarter of its financial year 2020 (FY20) to RM147mil.

Revenue jumped from RM97.9mil in the first quarter of FY19, with growth driven by higher contributions from all segments. Its legacy solution business registered an increase of 357% in revenue to RM11.9mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims

Others Also Read