Systech Bhd Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018; Reports Impairment Charges for the Third Quarter Ended December 31, 2018
For the nine months, the company reported revenue of MYR 22,201,000 against MYR 15,368,000 a year ago. Profit from operations was MYR 3,218,000 against MYR 1,459,000 a year ago. Profit for the period was MYR 2,695,000 against MYR 537,000 a year ago. Basic earnings per share attributable to owners of the parent was 0.48 sen against 0.34 sen a year ago.
For the quarter, the company reported impairment of good will was MYR 319,000 against MYR 156,000 a year ago.