E X C E L F O R C E M S C B E R H A D • A N N U A L R E P O R T 2 0 1 4
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Dear Shareholders,
On behalf of the Board of Directors of
ExcelForce, I am delighted to present the
Annual Report and the Audited Financial
Statements of Excel Force Group (the
“Group”) for the financial year ended 31
December 2014.
In the year 2014, our priority is to focus on
the enhancement of the performance
of BTX® Bridging Traders & Exchanges
system (“BTX system”) that we have roll
out since 2013. Over the years we have
taken several move to look for business
opportunity that will synergise our current
activity. The recent acquisition of Winvest
Global Sdn Bhd is the result of the effort.
CHAIRMAN’S STATEMENT
Performance Review
Total Group revenue for the financial year ended (“FYE”) 31 December 2014 has increased by 6.05% to RM21.87
million (2013: RM20.63 million) while the net profit was up 27.13% to RM8.84 million (2013: RM6.96 million).
Application Services Provider segment (ASP) remain the main contributor to the overall revenue. Whereas the
increased in net profit is mainly result from gain from disposal of our Jaya One office premise.
The Group
Throughout the last 20 years, the Group has, by sticking to its strategy, continued to deliver consistent profit and
value to the shareholders. Today, the Group has grown from a small software solution company to one of the
main providers in Malaysia. Technology innovation is the key driver for economic performance and the Group’s
success. The Group structure consists of three (3) subsidiary companies and each of them is instrumental in
enhancing the Group’s market presence.
The Group’s goal is to deliver improved and advanced technological solutions which will minimize cost, increase
profitability and enhance productivity. As such, the Group will capitalize on the strength of each of its subsidiary
companies and using their expertise in their respective field to achieve greater heights.
Furthermore, with our new subsidiary joining to theGroup, Winvest Global Sdn Bhd, which specializes in investment
education, the Group is optimistic about penetrating different markets and diversifying its business through its
innovative business models and horizontal expansion.
