- DNEX Technology Sdn. Bhd. reported a record revenue of RM1.2 billion and an EBITDA of RM166.3 million for FY2024.
- This strong performance underscores the company’s focus on innovation and strategic growth in the technology sector.
DNEX Technology reports strong financial performance
DNEX Technology Sdn. Bhd. has announced a remarkable financial performance for FY2024, recording a revenue of RM1.2 billion and an EBITDA of RM166.3 million. This success highlights the company’s commitment to innovation and its strategic initiatives across various sectors, including information technology and energy.
Founded in 1997, DNEX has diversified its offerings through key divisions like DNeX Digital and DNeX Energy, which enable it to mitigate risks and capitalise on market opportunities. CEO Datuk Seri Syed Zainal Abidin Syed Mohamed Tahir stated, “Our financial performance is a testament to our strategic focus on innovation and operational excellence.”
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Navigating industry challenges and innovations
The technology sector in Malaysia faces challenges such as intense competition and the need for continuous investment in research and development. DNEX is addressing these issues by enhancing its cloud computing and cybersecurity capabilities, which are vital as businesses transition to digital platforms.
The company is also developing smart city solutions, aligning with Malaysia’s vision for a leading digital economy. Strategic partnerships with global technology firms further bolster DNEX’s market position, enabling it to provide cutting-edge solutions. As DNEX continues to grow, its focus on innovation and customer-centric services will be essential for navigating the evolving technology landscape and ensuring sustained success.
