PublicInvest Research
TECHNICAL BUY: DSONIC (5216)
PublicInvest
Publish date: Tue, 17 Sep 2024, 09:50 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
Description
DSONIC is one of the prominent security-based information and Communication Technology (ICT) solutions providers in Malaysia with track record in missioncritical national projects.
Fundamentals
DSONIC's strong FY24 performance sets the stage for FY25, focusing on timely project delivery. Key wins include RM181.7m in contract extensions for passport and MyKad solutions, boosting its order book. The Group aims to expand i-Kad services and deploy more autogates with facial recognition technology.
Source: PublicInvest Research - 17 Sept 2024
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