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OTHERS PRESS RELEASE - OpenSys 3Q21 net profit remains robust at RM3.03 million

OPENSYS (M) BERHAD

Type Announcement
Subject OTHERS
Description
PRESS RELEASE - OpenSys 3Q21 net profit remains robust at RM3.03 million

The Board of Directors of OpenSys (M) Berhad ("OpenSys" or "the Company") is pleased to announce that the Company reported a comparable net profit to RM3.03 million in the third quarter ended 30 September 2021 (3Q21) from RM3.07 million a year ago, as revenue eased to RM14.84 million from RM23.89 million previously. 

The higher bottom line was due to the favourable product mix, where the revenue from the higher-margin maintenance of cash recycling machines (CRMs), software solutions and business process outsourcing (BPO) in bill payment kiosks and cheque processing segment climbed 11.0% to RM14.12 million, compared to RM12.73 million previously. 

Please refer to the attachment for further details.

This announcement is dated 22nd November 2021.




Please refer attachment below.

Attachments

OpenSys_Q321_Press Release.pdf
262.8 kB



Announcement Info

Company Name OPENSYS (M) BERHAD
Stock Name OPENSYS
Date Announced 22 Nov 2021
Category General Announcement for PLC
Reference Number GA1-22112021-00031




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