Info-Tech stock jumps 10.5% on 'significantly higher' profit
The company warns shareholders to weigh preliminary profit jump.
Mainboard-listed software provider Info-Tech Systems Ltd expects its consolidated net profit for financial year 2025 to be significantly higher than in FY2024, based on a preliminary review of unaudited results, the company said in an SGX announcement.
The projected improvement reflects stronger demand for its academy training services in the second half of 2025, along with continued growth in its human resource management systems (HRMS) and accounting software segments, according to their statement.
Info-Tech said it is finalising its FY2025 results and expects to release the full numbers on or around 24 February 2026.
It cautioned shareholders to consider the preliminary nature of the guidance.
The stock responded to the update, rising as much as 10.5% in early trade on 22 January, before moderating later in the session.
The share price remained below the company’s $0.87 IPO price.