Green Packet to grow strength in key areas

TheStar Wed, Mar 24, 2021 07:50am - 3 years View Original


Green Packet group managing director and chief executive officer CC Puan (pic) said the group will push forward from a position of strength with its pioneering businesses in communications and solutions via new customer acquisition and geographical expansion.

PETALING JAYA: Green Packet Bhd recorded a turnaround for its communications and solutions businesses for its financial year ended Dec 31,2020, with revenue increasing 2% to RM618.5mil during the period.

In a statement, the group said it recorded improved financial performances across all metrics last year.

“The communications segment recorded earnings before interest, tax, depreciation and amortisation (EBITDA) and net profit of RM3mil and RM2mil, respectively, for 2020, against a loss before interest, tax, depreciation and amortisation and net loss of RM8mil and RM9mil, respectively, in 2019.

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