KUALA LUMPUR (Nov 2): ECS ICT Bhd’s earnings were marginally lower at RM7.05 million in the third quarter ended Sept 30, a 0.5% decline from the RM7.08 million a year ago.
It said on Wednesday that revenue declined 3.6% to RM317.86 million from RM329.81 million a year ago. Pre-tax profit dipped 3.1% to RM9.62 million from RM9.92 million. Earnings per share were 5.99 sen compared with 5.91 sen.
For the nine-month period, its net profit declined 4.9% to RM19.68 million from RM20.68 million while revenue also recorded a 4.9% drop to RM908.91 million from RM956.04 million.
Commenting on the 3Q results, it said sales in its ICT distribution division rose to RM206.3 million from RM204.9 million a year ago due to the increased number of notebook brands and rising demand for tablet PCs.
However, the enterprise systems segment saw a drop in revenues to RM108.2 million from RM122.8 million. Sales from the ICT services segment, however, performed better, rising to RM3.4 million from RM2.2 million.
It said on Wednesday that revenue declined 3.6% to RM317.86 million from RM329.81 million a year ago. Pre-tax profit dipped 3.1% to RM9.62 million from RM9.92 million. Earnings per share were 5.99 sen compared with 5.91 sen.
For the nine-month period, its net profit declined 4.9% to RM19.68 million from RM20.68 million while revenue also recorded a 4.9% drop to RM908.91 million from RM956.04 million.
Commenting on the 3Q results, it said sales in its ICT distribution division rose to RM206.3 million from RM204.9 million a year ago due to the increased number of notebook brands and rising demand for tablet PCs.
However, the enterprise systems segment saw a drop in revenues to RM108.2 million from RM122.8 million. Sales from the ICT services segment, however, performed better, rising to RM3.4 million from RM2.2 million.
