VSTECS Berhad Collaborates with SpaceX to Distribute Starlink to Malaysia
Kuala Lumpur, Malaysia, 29 January 2024 – VSTECS Berhad (VSTECS, 偉仕佳杰, Stock Code:5162) (“VSTECS” or the “VSTECS Group“), Malaysia’s leading Information & Communications Technology (“ICT“) distributor, has through its wholly-owned subsidiary, VSTECS Astar Sdn Bhd signed a Distribution Agreement and has been named as an authorised Starlink Distributor to offer Starlink high-speed internet across the […]
VSTECS to distribute Elon Musk’s Starlink high-speed Internet in Malaysia
KUALA LUMPUR: VSTECS Bhd, via subsidiary VSTECS Astar Sdn Bhd, has signed a distribution agreement and has been appointed as an authorised distributor for Starlink high-speed internet across the nation. The information and communications technology (ICT) company said the collaboration complements the government’s vision of achieving 100 per cent internet penetration throughout the country. “As […]
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VSTECS’s Net Profit Down By 23% In 3QFY2023 YoY
VSTECS Bhd net profit for its third quarter financial results for the three months ended 30 September 2023 (3QFY2023) has dipped by 23% to RM12.7 million compared to RM16.5 million in the same period last year (3QFY2022). “Its revenue year-on-year (YoY) has also decreased by 12.1% to RM646.4 million in 3QFY2023 from RM735.5 million the […]
VSTECS reports net profit of RM43.2 mil for 9M FY2023
KUALA LUMPUR, 15 November 2023 – 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 2023 (“3Q FY2023“). For the nine (9) months ended 30 September 2023 (“9M FY2023”), the Group posted revenue of […]
VSTECS 2Q net profit rises 20% on higher forex gain
KUALA LUMPUR (Aug 15): VSTECS Bhd’s net profit for the second quarter ended June 30, 2023 (2QFY2023) rose 20.28% to RM15.65 million, from RM13.01 million a year before, on higher forex fair gain of RM4 million, despite lower revenue. Earnings per share increased to 4.4 sen per share in 2QFY2023, from 3.6 sen per share […]
VSTECS posts higher net profit of RM15.6mil in 2Q
KUALA LUMPUR: Vstecs Bhd‘s net profit for the second quarter (2Q) ended June 30, 2023, rose to RM15.65 million compared to RM13.01 million in the same quarter last year. However, revenue for the quarter decreased to RM608.79 million from RM708.08 million previously, mainly due to a slowdown in the consumer market, the company said in a […]
VSTECS achieves 20.3% YOY net profit growth toRM15.7 million in 2Q FY2023
KUALA LUMPUR, 16 August 2023 – 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 2023 (“2Q FY2023“). In the first six (6) months of the year (“6M FY2023”), the Group posted a slightly […]
VSTECS materai perjanjian edar komputer riba dan tablet Qualcomm di Malaysia
KUALA LUMPUR 27 Jun – VSTECS Bhd, melalui anak syarikatnya, VSTECS ASTAR Sdn Bhd, telah menandatangani perjanjian dengan Qualcomm Technologies Inc untuk mengedar komputer riba dan tablet Windows on Snapdragon di Malaysia. Kumpulan itu berkata dalam satu kenyataan media semalam bahawa ia akan memanfaatkan rangkaian 4,600 rakan salurannya di seluruh negara untuk menyediakan kebolehcapaian meluas […]
Vstecs takes on distributorship role to accelerate rollout of windows on snapdragon laptops
KUALA LUMPUR: Vstecs Berhad, Malaysia’s leading Information & Communications Technology (ICT) distributor, has through its wholly-owned subsidiary, Vstecs Astar Sdn Bhd, signed an agreement with Qualcomm Technologies, Inc., to distribute Qualcomm’s cutting-edge laptops and tablets to the Malaysian market, poised to redefine the landscape of mobile computing. The next generation end-point devices from Qualcomm, powered […]
