In a filing with Bursa Malaysia, the technology holdings company said excluding the fair value adjustment on DNeX, the group would have posted a significant growth with an adjusted profit after tax of RM4.3mil in Q1’21, against the adjusted loss after tax of RM0.8mil a year ago.
KUALA LUMPUR: Censof Holdings Bhd
’s net profit fell 78.1% RM1.78mil in the first quarter ended June 30 (Q1’21) from RM8.12mil a year ago dragged by the loss on fair value adjustment of RM2.05mil on short-term investment in Dagang Nexchange Bhd (DNeX).
In a filing with Bursa Malaysia, the technology holdings company said excluding the fair value adjustment on DNeX, the group would have posted a significant growth with an adjusted profit after tax of RM4.3mil in Q1’21, against the adjusted loss after tax of RM0.8mil a year ago.
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