PETALING JAYA: Vstecs Bhd
remains optimistic on achieving good sales revenue and profit for this year.
In a filing with Bursa Malaysia, the information, communications and technology (ICT) company said this would be underpinned by the robust business landscape across its three key business segments: consumer, enterprise and services.
For the third quarter of this year, the company’s net profit rose to RM25.78mil from RM19.57mil in the previous corresponding period, while revenue grew to RM991.94mil from RM841.76mil a year ago.
In a statement, the company said growth during the quarter was led by the enterprise-systems segment, which expanded by 27% year-on-year, driven by stronger momentum in public-sector projects and the supplying of artificial intelligence-related equipment during the quarter.
“The ICT-services segment also maintained its upward trend, rising by 12% on the back of higher demand for cloud services.
“Meanwhile, the ICT-distribution segment, which focuses on consumer ICT products, posted an 11% year-on-year increase in revenue supported by sustained demand for consumer devices ranging from smartphones to laptops.”
For the first nine months of this year, VSTECS’ net profit grew to RM63.7mil from RM49.13mil in the previous corresponding period, while revenue rose to RM2.5bil from RM2.08bil previously.
VSTECS declared a first interim dividend of 2.8 sen per share, payable on Jan 7, 2026.
Commenting on the performance, VSTECS chief executive officer J. H. Soong said the company’s third quarter performance marks another milestone in the company’s growth journey.
“These results reflect the effectiveness of our strategies and execution, which are strengthening our market position as we continue to capture and create new opportunities.
“With demand rising across both public and private sectors, our diversified business model will continue to fuel growth and enhance the digital ecosystem that links technologies, partners and customers across the ICT value chain.”
