PETALING JAYA: Vstecs Bhd’s diverse end customer base reduces risk of over reliance on a single large customer, giving it stability throughout economic cycles while adding strength to its solid financial performance.
According to UOB Kay Hian (UOBKH) Research, Vstecs will benefit from a diverse end customer base encompassing the retail market, financial, telecommunications, public sector, energy, and other sectors, with the top five clients contributing about only 25% of its revenue.
“Since its inception as a distributor of personal computers in 1985, Vstecs has evolved into a distributor of information and communication technology (ICT) products, enterprise systems and ICT services provider, boasting a diverse clientele base and 4,000 resellers and channel partners.
“The group has been constantly forging strategic partnerships with global information technology giants,” the research house said.
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