29 Sep REDTONE POSTS RM23 MILLION REVENUE FOR 2 MONTHS* ENDED 31 JULY 2015
*Comprising two months of results due to the change in the financial year end from 31 May to 30 April to coincide with its holding company
REDtone International Bhd (REDtone), a subsidiary of Berjaya Corporation Bhd, has recorded revenue of RM23 million for the 2 months ended 31 July 2015 with pre-tax profit of RM719,000.
The integrated telecommunications solutions provider said in a media statement today that the Group’s 2-month results were affected by slower business activities during the Hari Raya season.
REDtone is only reporting the 1st 2 months of its accounts following a change in its financial year end to 30 April from 31 May to be coterminous with its holding company’s financial year end.
Due to the change in its financial year end, there is no preceding year’s performance for the period ended 31 July 2014 available for comparison.