Scicom (msc) Bhd.MYX: SCICOM

SCICOM: Revenue and profit declined, but new contracts and AI initiatives position Scicom for recovery

· Issued by Scicom (msc) Bhd.

Q2 2024 saw revenue and profit decline year-over-year due to BPO contract non-renewals, but new client wins, AI integration, and a major Gov-tech contract are expected to drive future growth. Dividends remain consistent and no significant liabilities are anticipated.

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