Investor Relation

TechnoDex Berhad Investor Relation

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

Quarterly Report For The Financial Period Ended 31 July 2018

Financials Archive

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Condensed Consolidated Statement Of Profit Or Loss And Other Comprehensive Income For The Fourth Quarter Ended 31 July 2018

Income Statements

Condensed Consolidated Statement Of Financial Position Ended 31 July 2018

Balance Sheet

Review of Performance

Review Of Performance

The Group recorded a revenue of RM 12.384 million for the current quarter ended 31 July 2018, representing a decrease of 15% as compared to RM 14.552 million recorded in the preceding year corresponding quarter ended 31 July 2017.

The decrease in revenue was due primarily to the changes from the following revenue segments of our Group:-

  • Application Support &Services - Revenue decreased by RM 0.712 million
  • IT Hardware Trading & Services - Revenue decreased by RM 0.51 million
  • Manpower Outsourcing & Recruitments -Revenue decreased by RM 0.946 million

The Group's loss before tax for the current quarter ended 31 July 2018 was RM 0.887 million, as compared to Group's profits before tax of RM 0.516 million recorded in the preceding year corresponding quarter ended 31 July 2017.

The reduction of PBT of RM 1.4 million was primary due to the following changes:

Decrease in the PBT approximately RM 1.1 million of high margin projects from the following revenue segments as explained above:

  • Application Support & Services
  • Manpower Outsourcing & Recruitments

Increase of expenses during the quarter ended 31 July 2018 due to amortisation of intangible assets RM 0.30 million.

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.