CTOS records RM21mil in quarterly profit

PETALING JAYA: CTOS Digital Bhd expects its subsidiaries and business segments to continue with the growth momentum on the back of the continued recovery of the Malaysian and regional economies.

For its second quarter ended June 30, 2023, CTOS’ net profit slipped to RM21.13mil from RM22.48mil in the previous corresponding period, while revenue improved to RM62.24mil from RM46.51mil a year earlier.

Basic earnings per share stood at 0.90 sen versus one sen previously.

For the six-month period ended June 30, 2023, net profit grew to RM37.71mil from RM34.96mil in the previous corresponding period, while revenue rose to RM121.84mil from RM89.19mil previously.