VSTECS’ 2Q net profit up 31% on high product demand from enterprises
KUALA LUMPUR (Aug 23): VSTECS Bhd recorded a 31% increase in net profit to RM13 million in the second quarter ended June 30, 2022 (2QFY22), compared with RM9.89 million posted a year ago. Quarterly revenue grew 25.6% to RM708 million against RM563.9 million achieved in the corresponding period of the preceding year, attributed to higher product […]
VSTECS Achieves 31.6% YoY Jump in 2Q2022 Net Profit to RM13.0 million
KUALA LUMPUR, 23 August 2022 – VSTECS Berhad (“VSTECS”, 偉仕佳杰, Stock Code:5162), Malaysia’s leading Information & Communications Technology (“ICT”) distributor has today released its second quarter financial results for the three (3) months ended 30 June 2022 (“2Q FY2022”). For 2Q FY2022, VSTECS registered revenue of RM708.1 million, representing a growth of 25.6% as compared […]
VSTECS Reports Profit Before Tax of RM16.2 million for 1QFY2022
KUALA LUMPUR, 18 May 2022 – VSTECS Berhad (“VSTECS”, 偉仕佳杰, Stock Code:5162), Malaysia’s leading Information & Communications Technology (“ICT”) distributor has today released its first quarter financial results for the three (3) months ended 31 March 2022 (“1Q FY2022”). For 1Q FY2022, VSTECS registered revenue of RM643.8 million which was slightly lower as compared to […]
VSTECS 4Q net profit up 54%, declares 4.2 sen dividends
KUALA LUMPUR (Feb 22): Information and communications technology (ICT) products distributor VSTECS Bhd saw its net profit grow 53.9% to RM19.82 million for the fourth quarter ended Dec 31, 2021 (4QFY21) from RM12.87 million a year ago, on higher gross profit margin, which rose to 5.8% compared with 5.1% a year earlier, and higher sales. […]
VSTECS Achieves 54% Growth to Record Profit Before Tax of RM74.4 million in FY2021
Declares Second Interim Dividend of 3.7 sen per share & Special Dividend of 0.5 sen per share KUALA LUMPUR, 22 February 2022 – VSTECS Berhad (“VSTECS”, 偉仕佳杰, Stock Code:5162), Malaysia’s leading Information & Communications Technology (“ICT”) distributor has today released its fourth quarter financial results for the three (3) months ended 31 December 2021 (“4Q […]
VSTECS Selected as Malaysian Distributor Partner for Leading Zero Trust Cloud Security Provider iboss
Kuala Lumpur, Malaysia, 10 February 2022 – VSTECS Berhad (VSTECS,偉仕佳杰, Stock Code:5162) (“VSTECS” or the “Group”), Malaysia’s leading Information & Communications Technology (“ICT”) distributor has through its wholly-owned subsidiary, VSTECS Pericomp Sdn. Bhd., signed a distribution agreement with the leading Zero Trust Edge Cloud Security Platform provider iboss (“iboss”). In recent years, wide scale digital […]
Conduit for Malaysia’s digital economy growth
VSTECS Brings Puppet’s Infrastructure Automation Product Suite to Malaysia
Kuala Lumpur, Malaysia, 6 December 2021 – VSTECS Berhad (VSTECS,偉仕佳杰, Stock Code:5162) (“VSTECS” or the “Group”), Malaysia’s leading Information & Communications Technology (“ICT”) distributor has through its wholly-owned subsidiary, VSTECS Pericomp Sdn. Bhd., signed a distribution agreement with automation vendor Puppet Inc (“Puppet”). With its market leading position and extensive network of enterprise partners in […]
Passing of Mr. Foo Sen Chin, VSTECS Berhad Founder & Chairman
It’s with deep sorrow to inform you of the unexpected passing of VSTECS Berhad’s esteemed Chairman, Mr. Foo Sen Chin. VSTECS Berhad lost its Founder and for those who have been fortunate enough to work with Mr. Foo, we have also lost an inspiring mentor and friend. Mr. Foo devoted more than 36 years into […]
VSTECS Records 47.1% Increase in 9M FY2021 Profit to RM35.2 million Amid Accelerated Digitalisation
KUALA LUMPUR, 11 November 2021 – VSTECS Berhad (“VSTECS”, 偉仕佳杰, Stock Code:5162), Malaysia’s leading Information & Communications Technology (“ICT”) distributor has today released its third quarter financial results for the three (3) months ended 30 September 2021 (“3Q FY2021”). In the first nine (9) months of the year (“9M FY2021”), the Group’s revenue and profit […]
