CTOS Digital records higher earnings, revenue

CTOS Digital group chief executive officer Dennis Martin (pic) said its strong growth in the second quarter and the first half of the financial year testified to its resilient business model despite the implementation of various movement control orders in Malaysia

KUALA LUMPUR: CTOS Digital Bhd recorded a higher net profit of RM19.53mil for the six months ended June 30, 2021 from RM15.62mil over the same period last financial year while revenue went up to RM75.80mil from RM64.73 million, with a strong contribution from Malaysian and international operations.

In a filing with Bursa Malaysia yesterday, the company said its net profit jumped to RM11.84mil in the second quarter ended June 30, 2021 from RM7.50mil in the same period last financial year.