iCents eyes growth on rising demand


PETALING JAYA: ACE Market-bound iCents Group Holdings Bhd expects its expansion plans to contribute positively to its financial performance in the coming years, provided there are no unforeseen disruptions.

The cleanroom and facility services provider is confident that the proceeds from its initial public offering will enable it to carry out its business strategies and plans as outlined in its prospectus.

In the third quarter ended March 31, iCents posted a net profit of RM1.8mil, or an earnings per share of 0.37 sen, bringing its nine-month net profit to RM6.9mil, or 1.38 sen.

Quarterly revenue came in at RM18.8mil, bringing nine-month revenue to RM62.8mil.

iCents is slated to list on the ACE Market of Bursa Malaysia on July 17.

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iCents , cleanroom , listing , ACE Market , IPO

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