According to the Zhitong Finance App, MINDTELL TECH (08611) announced the results for the year ended November 30, 2023. The group achieved revenue of MYR 12.168 million, a decrease of 2.4% year on year; annual loss of MYR 5.43 million, a decrease of 19.39% year on year; loss per share of MYR 1.39.

According to the announcement, the decrease in revenue was mainly due to reduced revenue from IT outsourcing services and maintenance and consultancy services, which was offset by an increase in system integration and development services.