Quarterly Result

Quarterly Report For The Financial Period Ended 31 March 2025

Financials Archive

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Unaudited Condensed Consolidated Statements Of Profit Or Loss And Other Comprehensive Income
For The Quarter Ended 31 March 2025

Unaudited Condensed Consolidated Statement Of Financial Position As At 31 March 2025

Operating Segments Review

Comparison With Immediate Preceding Quarter's Results

Prospects For The Financial Year Ending 30 June 2025

The Group recorded a profit of RM1.2 million in Q3 FY2025, primarily driven by the strong contribution from strategic accounts. Customer adoption and utilization of Cloud infrastructure have ramped up, strengthening our position in the market.

In line with our transformation plan, we have launched new offerings, including Artificial Intelligence (AI), Cybersecurity, e-Invoicing and ERP solutions. These additions significantly broaden our portfolio of Cloud-based services and are expected to drive sustained growth as we continue to expand our customer base and enhance our value proposition.

As Google Cloud's premier partner in Malaysia, we have established a strong presence in supporting the Government's digital transformation agenda. The Government's commitment to harness the transformative power of AI positions us well to support and scale the adoption of Google's latest generative AI capabilities among our customers.

On 14 May 2025, Prestariang SKIN Sdn. Bhd. has received the total sum of RM201.4 million as full and final settlement pursuant to the Consent Order recorded in the Court of Appeal of Malaysia on 24 March 2025.

This resolution marks a pivotal moment for Awantec, providing both certainty and expedience. With this settlement, the Group can now fully focus on our growth drivers, particularly in AI and Cybersecurity, while investing in the enhancement of its technical capabilities to drive innovation.