VSTECS net profit up 22.3%


During the quarter in review, the information & communications technology (ICT) distributor’s revenue rose 16.7% to RM536.4mil from RM459.6mil in the previous corresponding quarter.

PETALING JAYA: Vstecs Bhd’s net profit rose 22.3% to RM10.1mil for the third quarter (Q3) ended Sept 30,2020, from RM8.3mil in the corresponding quarter last year amid robust demand for work-from-home devices.

During the quarter in review, the information & communications technology (ICT) distributor’s revenue rose 16.7% to RM536.4mil from RM459.6mil in the previous corresponding quarter. It saw increase in revenue contribution from all business segments.

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VESTECS , profit , work-from home , devices , dividend ,

   

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