ICT ZONE ASIA BERHAD
KLSE (MYR): ICTZONE (03038)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.25
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Changes
| Ann. Date | Date | Type | Name | Title | View |
|---|
Discussions
Be the first to like this. Showing 6 of 6 comments
The company doesnt provide specifics on their business. Just leasing equipments they say. If you have any info share here please
2020-12-30 23:44
Technology financing solutions provider ICT Zone Asia Berhad recorded a 52.3% or RM39.4 million year-on-year revenue growth in the 12-month FYE 31st Jan 2024, increasing from RM75.1 million to RM114.4 million while net profit increased by 17.2% to RM7.5 million.
For the 6-month FPE 31 Jan 2024, the Company recorded a 46.2% year-on-year growth in profit after tax (PAT), increasing from RM3.9 million for the 6-month FPE 31 Jan 23 to RM5.7 million in FPE 31st Jan 2024. The Company’s half-year revenue grew steadily by RM14.4 million or 34.5% to RM56.2 million for the current period from RM41.8 million in the previous year corresponding period.
Earnings per share (EPS) for the current period stood at 0.91sen, marking a 24.7% increase from 0.73sen per share a year ago. The growth is primarily driven by better pricing strategy implemented by the Company and securing additional contracts from both the government and corporate sectors for its technology financing and cloud solutions and services segments.
Comparing with the previous year corresponding period, it’s technology financing segment saw an increase of RM11.0 million or 62.9%, while the cloud solutions and services segment experienced a significant rise of RM3.8 million or 131%. This signifies the growth potential of these two segments across both corporate and government sectors as environmental, social, and governance (ESG) considerations continue to play an increasingly significant role in investment decisions and business operations.
In a statement today, the LEAP-market listed Company highlighted that the total unbilled orderbook of its technology financing segment over the next 3 financial years will reach an all-time high of RM236 million. For its cloud solutions and services segment, the total unbilled orderbook will jump to approximately RM15.2 million. Through its proprietary Device-as-a-Service (Daas) 360 solutions, ICT Zone Asia is engaged in technology financing, providing Information and Communication Technology (ICT) solutions and services. The Company offers cloud solutions and consultancy via its subsidiary, Cloudify.Asia.
ICT Zone Asia is the only company with a 4-star Hewlett Packard (HP) AmplifyTM Impact Badge and the first Dell Cloud Partner Connect in Malaysia. The Company is currently undergoing a transfer listing to the ACE Market via Bursa Malaysia's transfer listing framework.
As part of the transfer listing process, the Company must secure approvals from its shareholders and ICPS holders through Extraordinary General Meetings (EGM) to initiate the withdrawal of listing from the LEAP Market and apply for transfer to the ACE Market.
2024-04-08 10:15
ICT Zone's 1HFY2024 net profit more than doubles to RM4.37 mil
https://theedgemalaysia.com/node/726374
2024-09-12 09:50
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
2
Mercury Securities Research
3
Koon Yew Yin's Blog
5
6
7
THE INVESTMENT APPROACH OF CALVIN TAN
SUPERMAX VERSUS TOPGLOVE, KOSSAN & HARTA, Compare & Contrast, By Calvin Tan
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
Rinsono Takeshi Lee
So quite?
2020-12-23 11:49