CTOS Digital reported revenue of RM86.9 million for the current quarter (Q2), reflecting a 6.5% increase from RM81.6 million in the preceding quarter. Segment profit increased to RM21.8 million compared to RM20.4 million in the preceding quarter. Profit after tax was at RM22 million a slight improvement from RM21 million recorded in the same period last year.
Segment profit for Malaysia operations rose by 2.3% to RM18.4 million from RM18.0 million in the preceding quarter, primarily due to higher revenue and higher gross profits achieved.
Revenue from International operations rose by 9.8% to RM14.1 million from RM12.9 million in the preceding quarter, primarily due to new deals secured and higher consumption by clients. Consequently, segment profit for International operations rose by 41.3% to RM3.4 million compared to RM2.4 million in the preceding quarter.
Group PBT was higher by 21.4% to RM25.3 million from RM20.8 million in the preceding quarter mainly driven by higher segment profit and higher share of profit of associates.
