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Orient Telecoms PLC: Half-year Report ended 30 September 2021
Home / Client News / Orient Telecoms PLC: Half-year Report ended 30 September 2021

Director’s Statement

 

I have pleasure in presenting the interim financial statements of Orient Telecoms Plc and its subsidiary  (the “Group”) for the six months ended 30 September 2021.

During the financial period, the Group reported a net profit of £44,804 (0.045 pence profit per share).

The Group operates as a fully managed overlay network service provider in the South East Asia Region, which makes it very light weight and thus not requiring heavy investment towards building
the network infrastructure. In the past six (6) months, especially in Malaysia, the Group has seen an increasing approach towards rolling out 5G network as quickly as possible. With this new
development the Board believes there will be fairly large opportunities to expand its own product called “OfficeMate” throughout Malaysia.

https://www.londonstockexchange.com/news-article/ORNT/half-year-report-ended-30-september-2021/15261709

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