Scicom sees stronger core profit in second quarter on BPO recovery
PETALING JAYA: Scicom (MSC) Bhd 
is expected to report a stronger core net profit in its second quarter ending Dec 31, 2018, underpinned by the recovery of its business process outsourcing (BPO) division.
Affin Hwang Capital, in a report yesterday, said the company’s Cambodian project was anticipated to drive earnings growth in 2020.
“The BPO segment has seen lower revenue due to lower client activity. Management expects its BPO business activities to recover in the third quarter of 2019, once the prevailing client commitments translate to actual work.
The research house added that its e-government solutions business remains stable.
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