Kronologi Asia likely to see better profit margin


PETALING JAYA: Kronologi Asia Bhd’s (KAB) profit margin is expected to improve supported by the easing of containment measures in China that benefits the group’s as-a-Service (AAS) segment.

Apex Securities said the enterprise data management (EDM) solutions provider’s AAS segment posted growth in earnings, with an increase of 51% in revenue year-on-year (y-o-y) at RM15.4mil and a rise of nearly 40% in net profit y-o-y at RM2.1mil.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Kronologi Asia

   

Next In Business News

MRCB records jump in 3Q net profit to RM8.86mil
Paramount expects satisfactory year on record property launches
BYD asks suppliers to cut prices as China auto war intensifies
Oil prices rise, with focus on Israel-Hezbollah ceasefire and Opec+ policy
Business confidence on the rise - MIER
Asian stocks slide amid Trump tariff worries, yen gains
Maybank Asset Management announces new new multi-asset solution
ACE Market-bound Vanzo Holdings aims to raise RM14mil from IPO
'Economy Madani' framework at the heart of government's vision - Johan Mahmood
AmBank CEO optimistic over progress in FY25

Others Also Read