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Datasonic Group Berhad
(Company No. 809759-X)
14
Chairman’s Statement
GROUP RESULTS
On behalf of the Board of Directors (“Board”) of Datasonic, it is my pleasure to present to you the Annual
and Financial Reports for FY16 as compared to a period of fifteen (15) months in respect of the financial
period ended 31 March 2015 (“FY15/ Previous Year”).
The Group recorded revenue of RM241.310 million for the 12-month period in FY16 which was 15% lower
compared to the RM285.172 million recorded for the 15-month period in FY15. However, on a pro-rated
basis, the Group’s revenue was 6% higher than the previous financial year.
Dear Shareholders,
The twelve (12) months in respect of the financial year
ended 31 March 2016 (“FY16/ Current Year”) was extremely
challenging for Datasonic Group Berhad (“Datasonic” or “the
Group”) mainly due to fierce competitions to bid for major
contracts and/or countless on-going negotiations to propose
technology-driven and innovative solutions in order
to win contracts, renewals and/or extensions of
expiring contracts. In addition, the unexpected
changes in foreign currency transactions
have affected our cash flows and margins.
Despite these key obstacles and challenges,
we have performed satisfactorily in FY16
due to the unwavering commitment and
dedication from our Directors and key
management, who took timely measures to
tackle and manage key operational issues
and risks based on the limited resources.
Revenue
RevenueOPEXPBTPAT
FY16
241.310
172.384
65.100
62.892
FY15
285.172
201.505
75.537
71.822
Variance (43.862)
(29.121)
(10.437)
(8.930)
0
50
100
150
200
250
300
RM'million
Y-on-Y results
OPEX
PBT
PAT