Censof returns to the black in Q3


During the quarter in review, the software solutions company saw its revenue increase 42.2% to RM23.73mil from RM16.7mil previously.

PETALING JAYA: Censof Holdings Bhd returned to the black with a net profit of RM2mil in the third quarter of financial year ending March 31,2021, compared with a net loss of RM83,000 in the previous corresponding period.

During the quarter in review, the software solutions company saw its revenue increase 42.2% to RM23.73mil from RM16.7mil previously.

In a filing with Bursa Malaysia, Censof said the improved revenue was due to higher project deliverables under the financial management solution government (FMS-G) segment and contribution under the financial management solution commercial (FMS-C) segment.

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