CTOS buoyant on this year’s growth trajectory

PETALING JAYA: CTOS Digital Bhd remains buoyant on its growth trajectory for 2024, amidst the ongoing recovery of the Malaysian and wider regional economies

In a filing with Bursa Malaysia, the company said its net profit for the fourth quarter ended Dec 31, 2023, rose to RM56.28mil from RM14mil, while revenue in the fourth quarter improved to RM73.15mil from RM52.74mil a year earlier.

CTOS said it achieved higher revenue from all customer groups (namely key accounts, commercial and direct-to-consumer).