Censof Achieves Revenue And Profit Before Tax Of RM110.1 Million And RM24.1 Million For FY2022

KUALA LUMPUR, May 31 (Bernama) — Censof Holdings Berhad (“Censof” or the “Group”), a technology holdings company specialising in financial management software solutions, reported its unaudited financial results for the fourth quarter (“Q4FY2022”) and full year ended 31 March 2022 (“FY2022”) on 30 May 2022.
 
For the full financial year, Censof achieved a 26.0% growth in revenue to RM110.1 million, from RM87.4 million in the previous year. The increase was mainly driven by the higher contribution from the financial management solutions for government segment (“FMS-G”) and financial management solutions for commercial and small and medium enterprises segment (“FMS-C & SME”). The revenue was further enhanced by the contribution from the newly set up Digital Technology (“DT”) segment, upon the acquisition of a robotic process automation (“RPA”) business under Cognitive Consulting Sdn Bhd during the year. The revenue from the DT segment was solely derived from cloud computing services, electronic tendering services and RPA.

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