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Silverlake Axis's Q4 profit down 58%

Customers trim IT capital expenditures amid regional uncertainties


SILVERLAKE Axis Ltd (SAL) on Friday said Q4 FY2017 profit fell 58 per cent to RM32.7 million (S$10.4 million) from a year ago, as customers deferred and reduced IT capital expenditures amid uncertainties in the region.

The software provider to financial institutions said...