Investor Relation

TechnoDex Berhad Investor Relation

Information Technology Enabler through providing
multiple disciplines of ICT services in the region

Quarterly Report For The Financial Period Ended 30 April 2018

Financials Archive

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Condensed Consolidated Statement Of Profit Or Loss And Other Comprehensive Income For The Fourth Quarter Ended 30 April 2018

Income Statements

Condensed Consolidated Statement Of Financial Position Ended 30 April 2018

Balance Sheet

Review of Performance

Review Of Performance

The Group recorded a revenue of RM 14.500 million for the current quarter ended 30 April 2018, representing an increase of 4% as compared to RM 13.938 million recorded in the preceding year corresponding quarter ended 30 April 2017. The variance was mainly due to the following revenue segments:-

  • Sales of IT Hardware - Revenue increased by RM 2.50 million
  • Application support & services - Revenue decreased by RM 1.20 million
  • Manpower Outsourcing -Revenue decreased by RM 0.80 million

The Group's loss before tax for the current quarter ended 30 April 2018 was RM 2.910 million, as compared to Group's profits before tax of RM 0.240 million recorded in the preceding year corresponding quarter ended 30 April 2017. The LBT was due to the following increase of expenses during the quarter ended 30 April 2018: -

  • Amortisation of Intangible Assets - RM 1.20 million
  • Impairment of goodwill on consolidation -RM 0.52 million
  • The other operating expenses increased by RM2.069 Million was mainly due to the performance of the following revenue segment:

    Sales of IT hardware - Revenue Increased by RM 2.50 million with higher cost. This is mainly due to the IT hardware is a lower margin business which recorded higher cost of sales and higher operating expenses of RM 2.00 million increase as compared to the preceding year corresponding quarter ended 30 April 2017.

Commentary on Prospects

The Group is positioned to weather the economic uncertainties by focusing in growth a strategy which focuses on a prudent and cohesive expansion in activities closely correlated with the Group's core competencies. In anticipation of the impending economic slowdown, the Group will engage in the development of new ICT products (vertical solutions) and services, targeting at the government sector, financial institutions and property industries. The new products and services will allow the Group to penetrate into new marketspace that in turns will bring forth new income streams to the Group.

The Group is confident to perform satisfactorily amidst the economic uncertainty by taking pragmatic and well strategised action plans towards maintaining the financial performance of the Group.

The Group strategic intent is to increase market share by improving market coverage and widening its product and services offering.