SNS Network optimistic on ICT industry

PETALING JAYA: SNS Network Technology Bhd remains positive with the information and communications technology (ICT) industry, on the back of continuous growth in demand for products and strengthening of its existing customer base.

For its fourth quarter ended Jan 31, 2024, the ICT system and solutions provider reported a lower net profit of RM13.04mil compared with RM16.77mil in the previous corresponding period, while revenue dipped to RM390.11mil from RM509.86mil previously.

Basic earnings per share stood at 0.81 sen versus 1.04 sen a year earlier.

The group also declared a single-tier third interim dividend of 0.25 sen per share, payable on May 23.