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SMRT Holdings Reports 7.3% Profit Surge in Q2

2/17/2025

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Summary

Story summary

SMRT Holdings Bhd, a leading IoT solutions provider in Malaysia, celebrated a robust 7.3% rise in net profit, hitting RM7.1 million for Q2 FY2025, alongside an 8.8% revenue boost to RM18.2 million. Despite a minor revenue dip in the first half, net profit soared to RM14.15 million as the company sets its sights on expanding its market presence and venturing into new segments.

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Story summary

SMRT Holdings Bhd, a leading IoT solutions provider in Malaysia, celebrated a robust 7.3% rise in net profit, hitting RM7.1 million for Q2 FY2025, alongside an 8.8% revenue boost to RM18.2 million. Despite a minor revenue dip in the first half, net profit soared to RM14.15 million as the company sets its sights on expanding its market presence and venturing into new segments.