Info-Tech achieves 9% increase YoY in adjusted H1 net profit
The company made its debut on the Mainboard of the SGX on 4 July 2025.
Newly-listed Info-Tech Systems Ltd. reported a 9% year-on-year (YoY) increase in adjusted net profit to $7.2m in the first half of 2025 (H1 2025), on the back of a healthy 5% revenue growth to $22.4m.
The company, which provides human resource management systems (HRMS) and accounting software services, attributed the improved topline to a $1.3m increase in subscription revenue.
This includes its proprietary cloud-based one-stop HRMS solution, which accounts for more than 80% of total revenue.
The group recently made its trading debut on the Mainboard of the SGX on 4 July 2025.
In its recent bourse filing, the group attributed strong operational growth to HRMS active users increasing by 15% and accounting software customers increasing by 28%.
The company also stated that, with $26.8m in its order book, strategic growth strategies, and a continued focus on cost discipline, it remains on track for another year of healthy growth.
The company announced an interim dividend of 1.55 cents, representing 55% of adjusted net profit.