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OTHERS PRESS RELEASE - OpenSys 2Q21 net profit rises 7.5% to RM2.8 million

OPENSYS (M) BERHAD

Type Announcement
Subject OTHERS
Description
PRESS RELEASE - OpenSys 2Q21 net profit rises 7.5% to RM2.8 million

The Board of Directors of OpenSys (M) Berhad ("OpenSys" or "the Company") is pleased to announce that the Company reported a 7.5% rise in net profit to RM2.8 million in the second quarter ended 30 June 2021 (2Q21) from RM2.6 million a year ago, as revenue eased to RM14.7 million from RM20.1 million previously.

The higher 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 23.6% to RM14.0 million, compared to RM11.4 million previously.

Please refer to the attachment for further details.

This announcement is dated 23rd August 2021.




Please refer attachment below.



Announcement Info

Company Name OPENSYS (M) BERHAD
Stock Name OPENSYS
Date Announced 23 Aug 2021
Category General Announcement for PLC
Reference Number GA1-23082021-00064




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