Silverlake Axis's Q4 net profit up 1%

SINGAPORE - Software provider Silverlake Axis recorded a 1 per cent in fourth-quarter net profit to RM74.7 million (S$ 24.98 million) on Monday.

Revenue for the three months to June 30 slipped 8 per cent to RM126.4 million.

This comes after Silverlake Axis was recently targeted in a short-seller's critique.

Full-year net profit rose 14 per cent increase to RM282.7 million, while revenue inched up 3 per cent to RM516 million.

Quarterly earnings per share was 12.59 sen, up from 11.09 sen a year ago, while net asset value per share was 28.48 sen on June 30, up from from 27.46 sen a year ago.

The company proposed a final dividend of 1.2 Singapore cents per share.