Kuala Lumpur: Regional technology solutions provider Infomina Bhd reported revenue of RM46.6 million and profit before tax (PBT) of RM9.5 million for its second quarter financial results for the financial year ending May 31, 2025 (Q2’25). Did.
However, group revenue was lower than the RM59.7 million recorded in the same quarter last year (Q2’24).
The decline was primarily due to lower revenue contribution from design and delivery of technology infrastructure solutions segment due to higher deliveries of hardware to customers in the same quarter of FY24.
As mentioned above, Group PBT came in at RM9.5 million compared to RM11.4 million in Q2’24 due to lower revenue contribution from design and delivery of technology infrastructure solutions segment.
For the 6-month period ended Nov 30, 2024 (1H’25), the group recorded revenue of RM92.8 million and PBT of RM19.1 million.
Revenue was lower compared to RM115.9 million recorded in the same period last year (1H’24), mainly due to lower revenue contribution from the design and delivery of technology infrastructure solutions segment.
The Group’s PBT declined by 5.2% versus the corresponding period of FY2014, due to a decline in revenue contribution from the design and delivery of technology infrastructure solutions segment. Nonetheless, overall gross profit margin improved significantly to 30.8% in Q2’25 from 24% a year ago.
As of Nov 30, 2024, the group’s balance sheet remained healthy, with a net cash position of RM68.8 million, while the current ratio stood at a healthy 2.5x. The total borrowing amount was RM12.2 million against shareholders’ funds of RM153.8 million.
“We consider the financial performance for the first half of FY2025 satisfactory,” said Yi Chi Meng, managing director of Infomina. Although revenue for 1H’25 remained down at RM92.8 million, our profit after tax and minority interest remained largely unchanged at RM16.1 million compared to RM16.2 million in 1H’24. This was primarily supported by improved overall profit margins in both our design and delivery of technology infrastructure solutions and technology infrastructure operations, maintenance and support services during the reporting period.
He said the group is focused on completing ongoing projects, renewing customer contracts and leveraging collaborations with strategic business partners to strengthen its order book.
During the quarter, he said the group successfully renewed regional contracts in the Philippines, Thailand, Hong Kong and Taiwan, securing contributions for the next three to five years.
Additionally, he revealed on January 6, 2025 that the group has secured a new three-year contract worth RM22.4 million from the Road Transport Department of Malaysia for the Automated Awareness Safety System project.
A week later, the group won another two-year contract worth RM13 million from PCCW Solutions Limited (PCCW), the IT flagship of the PCCW Limited group of companies, a multi-billion US dollar market capitalization entity based in Hong Kong. Services to Hong Kong Telecommunications Limited
“We are proud to announce that we have successfully secured over RM160 million in new contracts so far in the financial year, demonstrating our commitment to excellence and growth. These achievements highlight our customers’ trust in us and our continued efforts to deliver exceptional value,” said Yee.
Since commencing operations in Japan in April 2024, the Group has made significant progress by acquiring new customers contributing to the order book. Looking to the future, the Group is committed to expanding its presence in North Asia, particularly Japan, to capitalize on the growth opportunities in this emerging market.
