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.

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

Niche Capital Emas, Greensnow ink JDA for Kelantan rare earth project
Pekat Group proposes listing transfer to Main Market
Marine & General slips into the red
Tower REIT appoints Douglas Richard Fyvie Crichton as CEO
Chin Hin Property to redevelop Ulu Kelang site with RM883mil residential project
Croesus IT secures RM670,000 healthcare software orders
Axis REIT to acquire distribution centre for RM128mil
Infoline Tec proposes diversification into M&E business
Ringgit continues stellar performance, ends higher for third consecutive day
EWI Capital appoints Tee Kim Xiong as deputy CEO

Others Also Read