Infomina 2Q net profit flat at RM8mil


PETALING JAYA: Infomina Bhd, a technology solutions provider, is looking to expand its presence in North Asia namely Japan as it plans to capitalise on growth opportunities.

Managing director Yee Chee Meng said the group remained focused on completing ongoing projects, renewing customer contracts, and leveraging collaborations with strategic business partners to strengthen its order book.

“The group had renewed regional contracts in the Philippines, Thailand, Hong Kong, and Taiwan, securing contributions for the next three to five years,” Yee said in a statement.

In its second quarter ended Nov 30, 2024, its net profit was flat year-on-year at RM8.08mil on the back of its revenue falling by 22% to RM46.6mil.

The group said its balance sheets remained healthy with a net cash position of RM68.8mil and current ratio at 2.5 times.

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