The company's total recurring revenue, which gives better earnings visibility and accounts for 75% of its overall revenue, increased 7% y-o-y to RM298.8 million.
Silverlake Axis 5CP has reported earnings of RM89.3 million ($25.2 million) for the 1HFY2024 ended Dec 31, 2023, an 11% decrease compared to its earnings of RM99.7 million in the corresponding period last year.
Revenue in the half-year period increased 1% y-o-y to RM397.4 million while cost of sales increased 9% y-o-y to RM177.2 million.
