PETALING JAYA: Censof Holdings Bhd
will continue to meet the evolving digitalisation needs of the public and private sectors and e-invoicing mandate opportunities by leveraging on its strengths.
In a filing to the local bourse, the financial management software provider said it will continue leveraging on the synergies among its subsidiaries to deliver innovative and effective solutions and services.
For the second quarter ended Sept 30, 2024, net profit dipped to RM1.18mil compared to RM2.08mil in the same quarter a year ago, on the back of an 87.2% reduction in profit for the financial management solution (commercial and small and medium enterprises) segment.
The group recorded a higher revenue of RM27.93mil compared to RM25.33mil in the same quarter a year ago.
The increase was due to growth in the financial management solution (government) segment, driven by the implementation of the government resource planning project for Suruhanjaya Syarikat Malaysia secured in July 2023.
