CTOS 1Q net profit up 62%

CTOS Digital deputy group CEO Eric Hamburger said: “We have delivered strong financial results in 1Q22 despite the lingering effects of the Covid-19 pandemic."

KUALA LUMPUR: CTOS Digital Bhd saw its net profit surge by 62.3% year-on-year (y-o-y) to RM12.5mil for the three months ended March 31, 2022 (1Q22).

This was on the back of revenue amounting to RM42.7mil – 12.4% higher compared with RM38mil in the same corresponding quarter last year.