Vstecs 1Q net profit jumps 24%


PETALING JAYA: Information and communications technology (ICT) distributor Vstecs Bhd reported a 24% rise in net profit to RM17.8mil for the first quarter ended March 31, 2025 (1Q25) compared to 1Q24, supported by broad-based revenue growth across the company’s business segments.

The company reported 1Q25 revenue that increased 12% to RM691.7mil compared to 1Q24 on contributions from its enterprise systems and ICT services segments, which recorded year-on-year (y-o-y) increases due to strong digitalisation trends.

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