Silverlake Axis

Results

Silverlake posts 5% lower 4Q earnings of $12.1 mil due to lower other income

SINGAPORE (Aug 26): Software services & solutions provider Silverlake Axis reported 4Q18 earnings of RM36.2 million ($12.1 million), down 5% y-o-y from RM38.3 million a year ago due to lower other items of income.

Broker's Calls

Silverlake Axis sees silver lining in banks' spending recovery

SINGAPORE (June 20): RHB is maintaining its “buy” call on Silverlake Axis with a target price of 65 cents.

Results

Silverlake posts 93% drop in 3Q earnings to $9.74 mil on significantly lower other income

SINGAPORE (May 14): Silverlake Axis reported 3Q18 earnings fell 93% to RM29.0 million ($9.74 million) from RM398.4 million in 3Q17.

Silverlake Axis' cloud retail automation solution selected by Metro

SINGAPORE (Apr 19): Retail group Metro Holdings will soon be using a cloud-based retail automation solution from Silverlake Axis.

Results

Silverlake Axis posts 87% drop in 2Q earnings to $11 mil on absence of one-off gain from disposal

SINGAPORE (Feb 13): SIlverlake Axis saw 2Q18 earnings fall 87% to RM32.7 million ($11 million) compared to RM246.3 million in 2Q17.

Results

Silverlake Axis posts 81% drop in 1Q earnings to $10.2 mil

SINGAPORE (Nov 10): Silverlake Axis announced that 1Q18 earnings dropped 81% to RM31.7 million ($10.2 million) from RM168.6 million in 1Q17.

Silverlake Axis to proceed with acquisition of three firms linked to chairman Goh

SINGAPORE (Oct 20): Silverlake Axis, the banking software solutions provider, is going ahead with the acquisition of three companies linked to its executive chairman to strengthen its position as a fintech innovation accelerator.

Fintech

Silverlake Axis announces new banking solutions customer in Thailand

SINGAPORE (June 6): Silverlake Axis, the provider of software systems for financial institutions in Southeast Asia, has announced its receipt of a purchase order to implement its Silverlake Axis Integrated Banking Solution (SIBS) system at what it refers

Broker's Calls

Silverlake Axis kept at ‘add’ on brightening prospect of new order wins

SINGAPORE (June 5): CIMB is maintaining its “add” on Silverlake Axis with 65 cents target price given the launch of a new product and increasing prospect of new order wins.

Results

Silverlake posts six-fold increase in 3Q earnings to $128.7 mil on one-off gain

SINGAPORE (May 15): Silverlake Axis saw earnings in the third quarter ended March increase by more than six fold to RM398.4 million ($128.7 million), compared to RM61.5 million a year ago.
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