Vstecs Bhd operates in the Computers, peripherals & software sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Vstecs Bhd with three other
computer and electronic stores in Asia:
Weblink International Inc
of TAIWAN
(2019
sales of 13.50 billion Taiwanese Dollars [US$482.32 million]
),
Sysage Technology Co., Ltd
of TAIWAN
(12.31 billion Taiwanese Dollars [US$439.61 million]
of which 41%
was Operating Product), and
Petrovietnam General Services Corp
which is
based in VIETNAM
(10.01 trillion Vietnamese Dong [US$434.37 million]
of which 63%
was Electronic Goods).
Sales Analysis.
Vstecs Bhd reported sales of 1.80 billion Malaysian Ringgits (US$446.44 million)
for the
year ending
December of 2019.
This
represents
an
increase of 10.4%
versus 2018, when the company's sales were 1.63 billion Malaysian Ringgits.
Despite this increase, sales are still
below the level achieved in 2017, when Vstecs Bhd
reported sales of 1.86 billion Malaysian Ringgits.
Sales of Ict Services saw an increase
that was more than double the company's growth rate: sales were up
40.4% in 2019, from
39.86 million Malaysian Ringgits to 55.98 million Malaysian Ringgits.
Vstecs Bhd also saw significant increases in sales in
Enterprise Systems (up 18.5% to 539.23 million Malaysian Ringgits)
.