MINDTELL TECH (08611) announces annual performance with a net loss of 2.262 million Malaysian Ringgit, a year-on-year increase of 97.04%.
(08611) reported its annual performance up to December 31, 2025. The group earned revenue of 201.59 million Malaysian Ringgit, an increase of 41.57% year-on-year. However, the net loss widened to 2.26 million Malaysian Ringgit, an increase of 97.04% year-on-year. Basic loss per share was 0.5 sen Malaysian Ringgit.
MINDTELL TECH (08611) released its annual performance as of December 31, 2025. The group achieved revenue of 20.159 million Malaysian Ringgit, an increase of 41.57% compared to the previous year; net loss of 2.262 million Malaysian Ringgit, an increase of 97.04% compared to the previous year; basic loss per share of 0.5 Malaysian Ringgit.
The increase in revenue during the period was mainly due to the increase in revenue generated from system integration and development services, as well as maintenance and consulting services, offsetting the decrease in revenue from information technology outsourcing services.
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