Quarterly Report For The Financial Period Ended 31 December 2023

Financials Archive

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Unaudited Condensed Consolidated Statements Of Profit Or Loss And Other Comprehensive Income
For The Quarter Ended 31 December 2023

Comprehensive Income

Unaudited Condensed Consolidated Statement Of Financial Position As At 31 December 2023

Financial Position

Operating Segments Review

Review Performance

Comparison With Immediate Preceding Quarter's Results

Review Performance

Prospects For The Financial Year Ending 30 June 2024

For YTD Q2 FY2024, the Group achieved a profit after taxation of RM1.1 million, marking a notable turnaround from the RM4.4 million loss in the corresponding period last year. This is the third consecutive quarterly profits attained, building from the previous results of Q4 FY2023 and Q1 FY2024. This achievement underscores the continuous advancements from our ongoing transformation plan formulated in 2021, centered around our key offerings of Cloud-Based Software Solutions, Platform as a Service, Infrastructure as a Service, Talent as a Service, and System Integration.

The Talent segment continues to be the major contributor to the Group's profitability through securing strategic contracts . Meanwhile, our Technology segment has established a strong presence and position as the premier partner with MSP status for Google Cloud in Malaysia under the government's Cloud Framework Agreement (CFA) to bolster the government's digital transformation plan. To provide a wider spectrum of Cloud solutions and services, we have developed our capabilities in analytics, cloud migration, big data, artificial intelligence and business transformation via ERP to drive future growth.

The Board and Management are confident and optimistic of the Group's FY2024 performance. We remain focused on strengthening our synergistic offering in driving growth for the Group.