[%rRkR%] 
Research by Mplus
Hold – TP of MYR 1.16

“9MFY24 Came In Above Expectations” 

For 3Q24, REXIT registered a core PATMI of RM3.4m, declined 14.5% QoQ, but jumped 57.0% YoY, bringing the 9MFY24 core PATMI to RM10.3m. The core earnings for 9MFY24 came in above our expectation, accounting to 89.7% of our earnings forecast of RM11.4m and 87.7% of consensus estimates. The key deviation was due to higher-than-expected hardware, systems software sales and software sales and services for FY24.

Analyst(s):
Loui Low
[%oeHF%]

$KLSE-REXIT 
Research by Mplus
Hold – TP of MYR 1.16

“9MFY24 Came In Above Expectations” 

For 3Q24, REXIT registered a core PATMI of RM3.4m, declined 14.5% QoQ, but jumped 57.0% YoY, bringing the 9MFY24 core PATMI to RM10.3m. The core earnings for 9MFY24 came in above our expectation, accounting to 89.7% of our earnings forecast of RM11.4m and 87.7% of consensus estimates. The key deviation was due to higher-than-expected hardware, systems software sales and software sales and services for FY24.

Analyst(s):
Loui Low
louilow@msec.com.my