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.
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