Serba Dinamik registered RM1.38 billion in revenue for the quarter ending 31 March, while profits before tax was RM127.26 million and after tax at RM112.52 million.
There is comparison for previous quarters as the group had changed its financial year end to 30 June 2021 (“FYE21”) from 31 December 2020 on 7 May 2021.
Top performing division was the operations and maintenance (“O&M”) segment contributing the largest revenue at RM1.26 billion or 90.5% of the total revenue. This was the result of a robust MRO and IRM activities in the Middle East region namely UAE, Qatar and Oman, followed by Malaysia.
Contributing RM99.32 million or 7.2% of revenue was the Group’s engineering, procurement, construction and commissioning (“EPCC”) segment, which come in as the second-largest revenue contributor.
Information, Communication and Technology segment brought in approximately RM30.79 million or 2.2% of the total revenue which was derived mainly from services related to customised solutions involving software developments and also Extended Reality (“XR”) training applications.
The Group’s education and training (“E&T”) segment provided revenue of approximately RM1.61 million or 0.1% mostly from Serba Dinamik Education, also known as University Malaysia of Computer Science & Engineering. UNIMY is an ICT education platform nurturing graduates specialising in ICT skills.
Geographically, Malaysia remains as the largest revenue contributor, providing RM409.31 million or 29.6% of total revenue for Q5FY21. The Southeast Asia region contributed RM432.77 million or 31.3% of total revenue. The Middle Eastcontributed RM898.15 million or 64.9% while Central & South Asia contributed RM40.84 million or 2.9% of the total revenue. The remaining contributions came from Tanzania and the United Kingdom at RM8.30 million or 0.6% and RM4.20 or 0.3% respectively.
Serba Dinamik is a well diversified company, from oil and gas, education, ICT and its most recent venture is into the space industry. This came about from its involvement in providing connectivity solutions utilising satellite broadband connectivity, it has now signed a multi-collaboration with seven local universities to promote space technology and provide a platform society to actively be involved in space economy.
For cumulative fifteen (15) months, the Group registered a total revenue of RM7.40 billion, with both profits before and after tax stood at RM833.59 million and RM744.61 million respectively.
On the matter with KMPG, Group MD Dato’ Dr. Mohd. Abdul Karim bin Abdullah assures that they are doing their utmost to resolve the current issues in the most speedy and efficient manner possible.
