KUALA LUMPUR: CTOS Digital Bhd posted a net profit of RM42.98mil for the financial year ended Dec 31, 2021 (FY21), which was a 9.7% improvement over the previous year.

       The credit reporting provider said in a statement that 2021 revenue rose 15% year-on-year (y-o-y) to RM153.17mil, owing to healthy growth from all key segments across its divisions.

       In the fourth quarter alone, CTOS’ revenue rose 12.5% to RM38.79mil from the previous corresponding quarter while net profit dipped 8.6% y-o-y to RM11.78mil.

       Over the year, earnings per share was 2.1 sen compared to two sen in 2020.

       CTOS declared a third interim single-tier dividend of 0.33 sen per share, which will be paid on Feb 25, 2022. The entitlement date for the payment is on Feb 10, 2022.

       For the full year, the group has declared dividend of 1.183 sen per share or RM26mil, which is equivalent to 60.6% of FY21 profit after tax and minority interests (Patami).

       “We have delivered an exceptionally strong performance in spite of the extremely challenging economic landscape in 2021,” said digital deputy group CEO Eric Hamburger.