For Q3’FPE2021, the majority of the Group’s revenue was derived from Singapore, amounting to RM69.918 million (33.54% of total revenue), followed by the Philippines which recorded RM67.079 million (32.18% of total revenue) and China which recorded RM38.497 million (18.47% of total revenue) following consolidation of the Group’s China operations in during the quarter in review. By product category, the Enterprise Data Management (“EDM”) Infrastructure Technology segment continued to dominate the Group’s revenue, amounting to RM169.519 million or 81.31% of total revenue, with EDM As-A-Service making up the balance.
Prospects The Company’s performance reflects a maturing and new digital transformation age where ”Data is the New Gold” with a comprehensive suite of Products and Services, especially As-A-Service. As a recognized leader in the space of Hybrid Cloud and Enterprise Class Data Management, Kronologi is poised to further accelerate its growth and extend Cloud and Data management enrichment into all industries that continue to embrace digital transformation in their operations. We are building an organization - a business that will support significantly higher levels of absolute revenue with a higher mix of recurring revenue over the long-term.
“Kronologi’s third quarter 2021 was transformative financially and operationally,” said Mr. Edmond Tay, Group CEO. “We acquired our China associate entity, and with just 3 months’ of consolidated contribution, the Group drove 64% profitability growth over the prior year. Our overall integration of the Group is delivering synergies with improved contributions across most of our major country Page 2 of 2 markets such as China, India and Hong Kong. This has provided us confidence to raise our full year 2022 guidance.”
Luckily sold all. If the CEO and CFO told u they rather stay small it means the company share price won't grow big .Another company which is good to see,good to talk but not good to invest.
During the sharing session,the CFO was answering to a question about transferring to main board. He stated clearly that they want to remain Big in Ace market rather than Small in main market. The CEO is ambitious,wanted to double the market cap,but what he did was thru private placement.Yes..revenue increase,net profit increase but what a small investors get ?The CEO told u yes,your share been diluted but no the share price ... That's what u get from this company.
Qmco nasdaq doesn’t published any news about the disposing of QCL whereas baidu search also can not found any acquisitions done by Krono ! The only news we can get is published by our local media ?!
KUALA LUMPUR (Jan 14): RHB Retail Research said Kronologi Asia Bhd is developing a minor consolidation below the 75 sen resistance, following its previous two sessions’ sharp rebound off the 21-day SMA line.
In a trading stocks note today, the research house said an upside breach of 75 sen could see the stock travelling towards the next resistance levels of 77.5 sen and 79.5 sen.
“A downside breach of 73 sen would negate this positive price forecast,” it said.
Kronologi Asia Bhd made a higher net profit of RM8.04 million for the third quarter ended Oct 31 (3Q21), up 58% quarter-on-quarter (QoQ) while revenue hit RM75.1 million or 1% higher QoQ, mainly due to growth in revenue from its China business.
The growth in earnings QoQ reflects a trajectory for the group’s Enterprise EDM and As-A-Service businesses for Hybrid and Cloud segments, its filing to the local bourse yesterday stated.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
drken91
339 posts
Posted by drken91 > 2021-11-20 08:46 | Report Abuse
akumulasi.. akumulasi..
bila kau mau bagi ku nasi..