Systech Bhd reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, the company reported revenue of MYR 6,467,000 against MYR 6,731,000 a year ago. Profit from operations was MYR 799,000 against MYR 641,000 a year ago. Profit for the period was MYR 508,000 against MYR 98,000 a year ago. Basic earnings per share attributable to owners of the parent was 0.14 sen against 0.14 sen a year ago.


For the nine months, the company reported revenue of MYR 22,201,000 against MYR 15,368,000 a year ago. Profit from operations was MYR 3,218,000 against MYR 1,459,000 a year ago. Profit for the period was MYR 2,695,000 against MYR 537,000 a year ago. Basic earnings per share attributable to owners of the parent was 0.48 sen against 0.34 sen a year ago.

For the quarter, the company reported impairment of good will was MYR 319,000 against MYR 156,000 a year ago.