March 31, 2025 - 11:25
SNS Network Technology Berhad has released its financial results for the full year 2025, revealing a notable decline in revenue and earnings per share. The company reported an earnings per share (EPS) of RM0.019, a slight decrease compared to RM0.02 in the previous fiscal year of 2024.
In terms of revenue, SNS Network Technology recorded RM1.02 billion, marking a significant drop of 20% from the prior year. This decline in revenue reflects the challenging market conditions and increased competition that the company faced throughout the year. The management has indicated that various factors contributed to this downturn, including shifts in consumer demand and operational challenges.
Despite the lower earnings, the company remains committed to implementing strategic initiatives aimed at improving its market position and restoring growth in the upcoming fiscal year. Stakeholders are closely monitoring the company's next steps as it navigates these challenges in the technology sector.
