SNS Network delivers flat 3Q net profit

TheStar Thu, Dec 11, 2025 12:00am - 2 months View Original


PETALING JAYA: SNS Network Technology Bhd posted a net profit of RM10.1mil for its third quarter ended Oct 31, 2025 (3Q26), which was flattish compared to the corresponding three months a year ago, even though revenue surged 54.1% year-on-year to RM384.9mil.

The group credited the substantial growth in turnover primarily to revenue growth in the sale of information and communications technology products segment, particularly through the commercial channel and online store channels.

Nevertheless, it said net profit had struggled to follow suit because of higher selling and distribution expenses, mainly attributable to increases in staff costs and commissions paid to third-party online marketplaces.

SNS declared a dividend of 0.25 sen per share for 3Q26.

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