CTOS 3Q revenue at record high


PETALING JAYA: CTOS Digital Bhd is eyeing further expansion of its footprint in the Asean Region.

It is on track to continue on the success of its international business, branded as FinScore in Indonesia and the Philippines, which has achieved five consecutive quarters of growth since its acquisition.

“With a steadily expanding client base of more than 80 customers in our international portfolio, we are well-positioned to cross-sell and upsell our products across regional markets,” its executive director and group chief executive officer Erick Hamburger said in a statement.

In its third quarter ended Sept 30, 2024, the group reported a record revenue of RM79.8mil, which is a 20% year-on-year increase.

Net profit rose to RM27.55mil from RM24.39mil in the previous corresponding period.

The company also declared a third single-tier interim dividend of 0.84 sen per share, to be paid on Jan 17, 2025.

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CTOS Digital , credit reporting

   

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