Improved 2Q performance for Datasonic as economy opens


The top and bottom-line improvement was largely due to higher supply of passport and personalisation services.

KUALA LUMPUR: Security-related integrated ICT solutions provider Datasonic Group Bhd announced a stronger set of results for the second quarter ended Sept 30, 2021 following the reopening of the economy and believes the worst is behind it.

In a statement on Tuesday, it said Its 2QFY22 revenue increased by 65.3% on-quarter to RM28.7mil from RM17.4mil in the first quarter. Its 2QFY22 net profit was RM1mil versus a net loss of RM5.6mil in 1QFY22.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Suzhou builds photonics powerhouse
Building momentum selectively
Zero tolerance for corruption
Lotte Chemical Titan sale sparks hope but challenges remain
MY Value Up must measure up
A new reality for crypto
Ekovest’s rights issue tests investors’ faith
Mr. Robot comes to town
Big Tech’s debt drives credit risk
An appetite for fresh snacks

Others Also Read