KUALA LUMPUR: Vstecs Bhd remains upbeat on the third quarter and the rest of 2025, supported by robust product momentum and strong public sector activity.
“In 3Q, we are well-positioned for growth with the planned launches of major end-point devices expected to drive consumer sales.
“Additionally, a number of public sector projects are slated for award and implementation for the second half of the year to further strengthen the enterprise revenue,” the information and communication technology (ICT) company said.
VSTECS foresees minimal disruptions to the ICT sector despite slower economic growth in the second half of 2025, citing sustained demand for its products and solutions across consumer and enterprise segments.
In the second quarter ended June 30, VSTECS’ net profit surged 32.3% to RM20.2mil, or 5.70 sen per share, from RM15.2mil, or 4.30 sen, a year earlier.
Revenue jumped 31.1% to RM818.9mil from RM624.4mil achieved last year.
For the first half, net profit rose 28.2% to RM37.9mil, while revenue increased 21.7% to RM1.51bil from RM1.24bil previously.
Source from https://www.thestar.com.my/
