The credit reporting firm said it remains committed to delivering sustainable growth over the coming period with efforts to drive customer and demand growth.
KUALA LUMPUR: CTOS Digital Bhd
remains cautiously optimistic over its growth this year in light of the heightened macroeconomic uncertainty across the region, it says in a filing announcing its results to the stock exchange.
Commenting on its prospects, the credit reporting firm said it remains committed to delivering sustainable growth over the coming period with efforts to drive customer and demand growth.
In the key-accounts segment, the group said efforts to drive higher adoption of the advanced digital and analytical solutions are starting to materialise, while the commercial segment maintains its focus on increasing customer acquisitions and retention.
Meanwhile, the direct-to-consumer segment continues to experience healthy growth and will be further supported by the launch of its revamped mobile app by the end of this year.
“The international-business segment is expected to continue contributing positively to the group’s financial performance. The business is enhancing its offerings by leveraging additional datasets, aiming to become a market leader in Asean for alternative data credit solutions,” it added.
For the third quarter ended Sept 30, CTOS posted net profit of RM24.69mil, down from RM27.55mil in the year-ago quarter. Earnings per share dipped to 1.1 sen from 1.2 sen previously.
The group reported quarterly revenue of RM83.01mil, up from RM79.81mil in the quarter a year ago.
In line with the performance, the board of directors declared a third interim dividend of 0.75 sen per share, with entitlement date on Dec 30, and payable on Jan 28, 2026.
