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May 30, 2015 10:51 AM ET

IT Services

Company Overview of Datasonic Group Berhad

Company Overview

Datasonic Group Berhad, an investment holding company, provides information and communication technology solutions primarily in Malaysia internationally. The company offers centralized issuance systems, distributed issuance systems, desktop embossers, and supplies. It also provides various solutions, such as secure ID and smart card personalization solutions, including government secure ID cards, financial PMPC/ATM/debit card and EMV credit cards, and commercial identity and loyalty card personalization solutions; sells hardware/printers and consumables for smart card personalization systems and solutions; and consultation, project management, training, technical support, maintenance, and ot...

Bangunan Setia 1

Level 6

No. 15, Lorong Dungun

Damansara Heights

Kuala Lumpur,  50490

Malaysia

Phone:

60 3 2087 6000

Fax:

60 3 2087 6001

Key Executives for Datasonic Group Berhad

Datasonic Group Berhad does not have any Key Executives recorded.

Datasonic Group Berhad Key Developments

Datasonic Group Berhad Accepts Letter of Award from Kementerian Dalam Negeri

The board of directors of Datasonic Group Berhad announced that DTSB has on 30 March 2015 accepted the LOA dated 23 March 2015 from KDN for the maintenance services for personalization process at Jabatan Pendaftaran Negara (contract) for a period of two years commencing from 1 May 2015 to 30 April 2017 for a contract sum of MYR 32,568,936.00. Under the terms of the LOA, DTSB is required to furnish a performance bond for the amount of MYR 814,223.40 to KDN, with validity period commencing from 1 May 2015 to 30 April 2018. The contract is subject to normal business risks such as increase in cost due to any escalation of material costs and contractual terms including default provisions. As such, the management would put in place control measures and operational procedures to reduce the impact or likelihood of such events.

Datasonic Group Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Datasonic Group Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported revenue of MYR 60.38 million. Profit from operations was MYR 17.54 million. Profit before taxation was MYR 15.86 million. Profit after taxation attributable to owners of the company was MYR 15.58 million or 1.15 sen per basic share. For the nine months, the company reported revenue of MYR 237.26 million. Profit from operations was MYR 76.11 million. Profit before taxation was MYR 68.71 million. Profit after taxation attributable to owners of the company was MYR 65.12 million or 4.82 sen per basic share. Net cash generated from operating activities was MYR 100.29 million. Purchase of property, plant and equipment was MYR 24.10 million.

Datasonic Group Berhad Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Datasonic Group Berhad announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue from continuing operations of MYR 53,487,000. Profit from operations was MYR 13,012,000. Profit before tax was MYR 11,149,000. Profit was MYR 9,389,000 or 0.70 sen per basic share. The group's revenue was lower than reported in the immediate preceding quarter principally due to lower deliveries of smart cards. The group's profit before taxation in the current financial quarter decreased on comparison with the immediate preceding quarter primarily as a result of lower revenue generated. For the nine months, the company reported revenue from continuing operations of MYR 176,879,000. Profit from operations was MYR 58,567,000. Profit before tax was MYR 52,850,000. Profit was MYR 49,521,000 or 3.67 sen per basic share against MYR 24,350,000 or 22.64 sen per basic share a year ago. Net cash from operating activities was MYR 58,494,000. Purchase of property plant and equipment was MYR 18,060,000. Development expenditures paid was MYR 486,000.

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