Silverlake's Q4 profit up 3% on revenue growth

Singapore

REVENUE growth in all segments except one gave a lift to Silverlake Axis Limited's earnings in its fourth quarter, though this was partially negated by the absence of one-off gains and higher administrative costs.

Net profit for the digital solutions provider grew 3 per cent to RM77.2 million (S$26 million) in the fourth quarter from the previous year, the group said on Friday evening. Its earnings per share, in turn, edged up to 2.9 sen from 2.78 sen in the previous year.