Mercury Securities
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Earn MS Coin when you trade with MST28. Check out MST28.
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Get FREE real time quotes on our website & App. Check out MST28.
Open Trading Account
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


OTHERS PRESS RELEASE - OpenSys 1Q21 net profit rises 10.9% to RM1.8 million despite revenue dip

OPENSYS (M) BERHAD

Type Announcement
Subject OTHERS
Description
PRESS RELEASE - OpenSys 1Q21 net profit rises 10.9% to RM1.8 million despite revenue dip

The Board of Directors of OpenSys (M) Berhad ("OpenSys" or "the Company") is pleased to announce that the Company reported a 10.9% rise in net profit to RM1.8 million in the first quarter ended 31 March 2021 (1Q21) from RM1.7 million a year ago, despite the 19.0% dip in revenue to RM14.0 million from RM17.2 million previously. 

The firmer bottom line was due to the favourable product mix, where the revenue from the higher-margin maintenance of cash-recycling ATMs, software solutions and business process outsourcing (BPO) in bill payment kiosks and cheque processing segment climbed 17.0% to RM12.8 million, compared to RM10.9 million previously. 

Please refer to the attachment for further details.

This announcement is dated 24th May 2021.




Please refer attachment below.



Announcement Info

Company Name OPENSYS (M) BERHAD
Stock Name OPENSYS
Date Announced 24 May 2021
Category General Announcement for PLC
Reference Number GA1-24052021-00147




Close