Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
However, due to forex losses of RM26.4 million, which were offset by forex gains of RM12.3 million, the net profit decreased by -30% compared to the same period last year. Nonetheless, the foreign exchange adjusted net profit is an impressive all-time high of RM26.6 million.
Despite the setback caused by forex losses, Genetec Technology Berhad showed strong collections during the quarter with an increase to RM88 million. Furthermore, the company's receivables decreased to RM174 million
