The Board of Directors of OpenSys (M) Berhad ("OpenSys" or "the Company") is pleased to announce that OpenSys group reported a 34.0% surge in revenue in the third quarter ended 30 September 2022 (3Q22) to RM19.9 million from RM14.8 million in the previous year, mainly attributable to the solid growth in hardware sales from Cash Recycling Machine (CRM) and increasing demand for maintenance service on CRMs.

For the nine-month period ended 30 September 2022, the group revenue and net profit increased 27.6% and 12.2% respectively to RM55.5 million and RM8.6 million, from RM43.5 million and RM7.6 million respectively a year ago.

Along with the commendable financial performance, the Group declared a fourth interim dividend of 0.40 sen per share in respect of the financial year ending 31 December 2022.

Please refer to the attachment for further details.

This announcement is dated 21 November 2022.