Info-Tech Systems shares jumped nearly 10% thus far today after the company's announcement on Jan 21 that it expects its FY2025 earnings to be a 'considerable increase' over the preceding FY2024 ended Dec 31 2024.
The company, the first mainboard listing last year, says the higher earnings is mainly due to higher training revenue, especially in the second half of the year.
In addition, it enjoyed continued growth in its other businesses.
Info-Tech expects to announce its results on or around Feb 24.
The company went IPO last June at 87 cents. It dropped to as low as 76 cents before recovering somewhat.
As at 9.22 am, Info-Tech shares changed hands at 83 cents, which is still below its IPO price.
