Last updated on August 23, 2025
KUALA LUMPUR, 13 AUGUST 2025 – VSTECS Berhad (“VSTECS”, 偉仕佳杰, Stock Code: 5162), Malaysia’s leading Information & Communications Technology (“ICT”) distributor, today announced strong second-quarter results for the three months ended 30 June 2025 (“2Q FY2025”), with net profit surging 32% year-on-year (“YoY”).
Revenue for the quarter climbed 31% to RM818.9 million, fuelled by double-digit growth across all three core business segments — ICT Distribution, Enterprise Systems, and ICT Services. The ICT Distribution segment, which focuses on consumer ICT products, recorded a 30% YoY revenue increase, supported by ongoing device replacement cycles and growing demand for lifestyle technology, particularly AI-enabled devices.
Enterprise Systems revenue rose 32% YoY on the back of higher momentum in public sector projects, while ICT Services maintained its upward trajectory with a 30% YoY increase, driven by sustained demand for cloud solutions and related services. Profit after tax and Minority Interest (“PATAMI”) for 2Q FY2025 came in at RM20.2 million, up from RM15.2 million in the same quarter last year.
For the first half of the financial year (“6M FY2025”), VSTECS achieved a 22% rise in revenue to RM1.51 billion from RM1.24 billion a year earlier. PATAMI growth outpaced revenue, increasing 28% to RM37.9 million. The Group ended the period with a net cash position of RM84.4 million, providing a strong foundation for business expansion.
VSTECS CEO Mr. JH Soong (宋昭雄) said:
“Our results underscore the success of initiatives we have been steadily building over many quarters. This disciplined and forward-looking approach has strengthened our market position and delivered broad-based growth across all segments.
In ICT Distribution, shipment volumes remain solid, and we have an exciting pipeline of new consumer products for the second half, including connectivity devices and upcoming smartphone launches.
Enterprise Systems, which had a quieter year in 2024, is seeing renewed momentum, particularly from public sector projects. Several major government contracts are slated for award and delivery in the coming months, which will further lift enterprise revenue. Private sector demand also remains healthy, with rising opportunities in artificial intelligence (“AI”). We are shaping our AI business model to serve diverse deployment and budget needs, making AI accessible to a wider market. Our AI offerings, set to be unveiled soon, will strengthen our enterprise portfolio.
As Enterprise Systems scales, ICT Services will grow in tandem, as implementation and ongoing support are essential to project success. We are expanding our technical team to meet this rising demand. With new data centres being rolled out in Malaysia, we expect service requirements to climb further. Cloud adoption will also accelerate in the second half as enterprises migrate infrastructure to enhance scalability, resilience, and future readiness.
Based on our current visibility, we see strong momentum for the remainder of the year. Digital technologies, cloud computing, and AI are transforming businesses and daily life. Our focus remains on strengthening capabilities, broadening offerings, and staying ahead of market trends to seize new growth opportunities.”
