MAINBOARD-LISTED Silverlake Axis (SAL) posted a 64 per cent increase in profit after tax for its first quarter ended Sep 30, 2022 to RM57.6 million (S$17.3 million), up from RM35.2 million the year before.

THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 15):

Analysts from CGS-CIMB Research and PhillipCapital have kept their “add” and “buy” recommendations on Silverlake Axis. Their positive calls come in the wake of the company’s business update for the 1QFY2023 ended Sept 30, released on Nov 12.While PhillipCapital’s Glenn Thum has kept his ...

Silverlake Axis has secured contracts to deliver digital innovation enhancement solutions to 77 of its existing customers in 1QFY2023 ending June 2023.The contracts have an aggregate value of approximately RM130 million ($39.13 million) and “are expected to contribute positively to the results of ...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 15):

MAINBOARD-LISTED Silverlake Axis (SAL) posted a 64 per cent increase in profit after tax for its first quarter ended Sep 30, 2022 to RM57.6 million (S$17.3 million), up from RM35.2 million the year before.

Having won the Best Return on Equity award in the Software & IT Services sector at the Centurion Club for two straight years, investors may wonder, what is Silverlake Axis’ secret to delivering returns to its shareholders, year after year? For the period under consideration ...

BILLION DOLLAR CLUB: TECHNOLOGY EQUIPMENT + TELECOMMUNICATIONS SERVICES AEM Holdings , which provides testing services for the semiconductor industry, has been on a growth trajectory that has few equals among Singapore-listed companies — vaulting up the Billion Dollar Club r...

Markets have turned south for the better part of this year, and negative news of all kinds hog the global and local headlines daily. Nonetheless, there’s always an excuse to share some positive news. The Edge Singapore, with more than 20 years covering the Singapore corporate sc...

Share buybacks are not an uncommon phenomenon on the stock market. Companies usually buy back stocks for many reasons, be it to consolidate own­ership, preserve stock prices, or boost financial ratios.One such company is banking solutions pro­vider Silverlake Axis, which conducted what was known a...

Analysts from CGS-CIMB and DBS Group Research have maintained their “buy” ratings for Silverlake Axis with increased respective target prices (TPs) of 42 cents and 48 cents from 40 cents and 46 cents previously.In her report dated Aug 30, CGS-CIMB’s Andrea Choong writes that Silverlake is on a...

STEADY margin upside from the US Federal Reserve rate hikes will likely boost banks’ earnings growth in FY2023, which will in turn support continued investment in the Silverlake Axis’ solutions, CGS-CIMB said on Tuesday (Aug 30).

THE following companies saw new developments that may affect trading of their securities on Tuesday (Aug 30):

For the FY2022 ended June, Silverlake Axis Ltd’s earnings saw a 27% y-o-y increase at RM182.2 million ($56.8 million) from RM143.1 million.Earnings per share for FY2022 are now 6.85 sen, up 25% y-o-y from RM5.49.Silverlake Axis is an enterprise technology, software and services company that focuse...

ENTERPRISE technology, software and services company Silverlake Axis (SAL) reported a 30 per cent year-on-year increase in profit-after-tax to RM47.9 million (S$14.9 million) for the fourth quarter ended June 30, 2022, in line with higher revenue.