Investor Relation

TechnoDex Berhad Investor Relation

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

Quarterly Report For The Period Ended 31 July 2017

Financials Archive

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Condensed Consolidated Statement Of Profit Or Loss And Other Comprehensive Income For The First Quarter Ended 31 July 2017

Income Statements

Condensed Consolidated Statement Of Financial Position Ended 31 July 2017

Balance Sheet

Review of Performance

Review Of Performance

The Group recorded a revenue of RM14.552 million for the current quarter ended 31 July 2017, representing an increase of 102% as compared to RM7.209 million recorded in the preceding year corresponding quarter ended 31 July 2016. The increase was mainly due to the increase of the revenue from the following segments to the total revenue of the Group during the quarter ended 31 July 2017: -

  • Application Support & Services & Hardware - RM 8.9 million

The Group's profit before tax (PBT) for the current quarter ended 31 July 2017 was RM0.516 million, lesser as compared to RM1.084 million recorded in the preceding year corresponding quarter ended 31 July 2016. This is mainly because the sales of IT hardware solution (which was a key contributor to the increased revenue in current quarter) is a lower margin segment, with higher operating costs.

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. The Board is optimistic that 2018 would deliver better performance than the previous year.