Infotec Maintain TP RM 2.50 , undervalue compared to Infomina (812mil mc) , lgms (600mil mc) . The company aims to start own Security Operation office and network operation centre on first Q of 2023 , and expand to international presence. Current Quarter consist impairment losses on financial assets of Rm 1.90 mil if not the PBT will be Rm 6.3 mil. The company is zero debt and with RM 37.84 mil cash. Net cash from operating: RM 15,076,000. FYE2022 : RM 72.84 mil
FYE2021 : RM 44.59 mil
Increase of 63.4 %
PBT 2022 : RM 16.67 mil
PBT 2021 : RM 10.53 mil