VSTECS Named Microsoft Cloud Solution Provider Partner in Malaysia
Kuala Lumpur, Malaysia, 28 June 2021 – VSTECS Berhad (VSTECS,偉仕佳杰, Stock Code:5162) (“VSTECS” or the “Group”), Malaysia’s leading Information & Communications Technology (“ICT”) distributor through its wholly-owned subsidiary, VSTECS Astar Sdn. Bhd., has been named a Microsoft Cloud Solution Provider (CSP) partner. This designation allows VSTECS to support the complete customer lifecycle and help customers […]
Passing of Dato’ Teo Chiang Quan – VSTECS Group Co-founder & Former Chairman
Dear Shareholders, Business Partners and Associates, With deep sadness we received the news that our Group’s co-founder and former Chairman, Dato’ Teo Chiang Quan has passed away on 24 May 2021 after a short illness. Dato’ Teo and I co-founded the Group in 1986 with a management buy-out of VSTECS KU Sdn Bhd. With his support and […]
VSTECS’ Net Profit Surges By 87.6% To RM12.7 Million in 1Q2021,Proposes 1 For 1 Bonus Issue
KUALA LUMPUR, 19 May 2021 – 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 months ended 31 March 2021 (“1Q2021”), posting an 87.6% surge in profitability as compared to the similar period in the preceding year. For 1Q2021, […]
VSTECS Concludes FY2020 with Record Revenue of RM2.01Band Net Profit of RM36.8M
Declares Second Interim Dividend of 4.5 Sen Per Share KUALA LUMPUR, 24 February 2021 – VSTECS Berhad (“VSTECS”, 偉仕佳杰, Stock Code:5162), Malaysia’s leading Information & Communications Technology (“ICT”) distributor, released its full year financial results today posting all-time high revenue and profit driven by strong demand for endpoint devices. On a full year basis, VSTECS […]
ECM Libra Research Report
Kenanga Research report for ECS ICT Bhd
Moving to The Cloud
VSTECS Reports 22.3% Net Profit Growth in Third Quarter Results
KUALA LUMPUR, 5 NOVEMBER 2020 – VSTECS Berhad (VSTECS,偉仕佳杰; Reuters: VSTE.KL) (“VSTECS” or “the Group”), Malaysia’s leading Information & Communications Technology (“ICT”) distributor, posted another solid set of results with a 26.8% jump in profit after tax to RM23.9 million for the nine months ended 30 September 2020 amid robust demand for work-from-home devices. For […]
Benefiting from sustainable ICT spending
VSTECS Delivers 30.3% Profit Growth for 1H2020
KUALA LUMPUR, 13 AUGUST 2020 – VSTECS Berhad (VSTECS,偉仕佳杰; Reuters: VSTE.KL) (“VSTECS” or “the Group”), Malaysia’s leading Information & Communications Technology (“ICT”) distributor, posted a 30.3% increase in profit after tax to RM13.8 million for the cumulative six (6) months ended 30 June 2020 (“1H2020”). This was derived from revenue of RM821.5 million registered in […]
