Redtone’s net profit for second quarter rises

In a filing with Bursa Malaysia yesterday, Redtone said revenue in the second quarter stood at RM40.39mil from RM40.11mil a year earlier.

PETALING JAYA: Redtone Digital Bhd’s net profit for its second quarter ended Dec 31, 2021, rose to RM10.98mil from RM7.12mil in the previous corresponding period, mainly due to higher gross profit contributed by its managed telecommunication network services (MTNS) segment and higher investment related income.

In a filing with Bursa Malaysia yesterday, the company said revenue in the second quarter stood at RM40.39mil from RM40.11mil a year earlier.