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.

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

Next In Business News

Powell repeats rate cuts can wait as Fed studies tariff impacts
Irelia emerges as substantial shareholder in Parkson with 6.81% stake
Peterlabs lifts suspension of ED
SSF Home reports RM5.9mil net profit in FY25
IGB REIT proposes RM2.65bil acquisition of The Mall, Mid Valley Southkey in Johor
Ringgit rises against US dollar at the close on easing tensions in Middle East
Unique Fire shares to transfer to Main Market on June 26
CIMB expects electricity tariff reform to have minimal inflation impact
Uni Wall bags RM89.64mil construction job
Hektar REIT expands into industrial and green energy with RM26mil Terramark deal

Others Also Read