OTHERS PRESS RELEASE - OpenSys Achieves Revenue Growth Despite Lower 4Q2024
| OPENSYS (M) BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | PRESS RELEASE - OpenSys Achieves Revenue Growth Despite Lower 4Q2024 |
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The Board of Directors of OpenSys (M) Berhad ("OpenSys" or "the Group") wishes to announce that the Group achieved a lower revenue of RM23.455 million for the fourth quarter ended 31 December 2024 (4Q2024), compared to RM27.589 million in the same quarter of the previous year (4Q2023). However, revenue from Solutions and Services segment registered robust growth of 17.2% in 4Q2024, reaching RM20.243 million from RM17.275 million in 4Q2023, largely driven by ongoing demand for hardware maintenance and business process outsourcing services. For the financial year ended 31 December 2024, the Group achieved an increased revenue of RM92.749 million, marking a 4.9% increase from RM88.378 million in the previous financial year. Continuing its quarterly dividend practice, OpenSys declared a first interim dividend of 0.45 sen per share for the financial year ending 31 December 2025. Please refer to the attachment for further details. This announcement is dated 24 February 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | OPENSYS (M) BERHAD |
| Stock Name | OPENSYS |
| Date Announced | 24 Feb 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24022025-00013 |