Datasonic’s 3Q net profit increases on cost reduction measures

by TMR

Datasonic Group Bhd’s net profit rose 83.8% year- on-year (YoY) to RM14.65 million, or earnings per share of 1.09 sen, in its third quarter (3Q) ended Dec 31, 2017, due to reduced costs.

In an exchange filing yesterday, the information and communication technology services provider reported a drop of 17.65% YoY in revenue to RM60.29 million as a result of lesser supply of personalisation services. The company declared a one sen dividend for the quarter.