Serba Dinamik Annual Report 2021

Section 5 | Management Discussion & Analysis 144 FINANCIAL PERFORMANCE ICT Who we are and what we do ICT services, supply of products and parts, as well as provision of logistics services. The Group has set up 5 main division namely Cloud Computing/Data Centre, Financial Technology (“FinTech”), Artificial Intelligence (“AI”), Cybersecurity and Frontier Technology to spur the ICT capabilities moving forward. The ICT segment provides various offerings which include: • customised solutions to customer from various industry such as oil & gas, power & utilities, chemical, healthcare, public sectors, manufacturing etc; • application/web base and e-commerce business that focus on mass market such as Qwikpay, GCE Club, Nidcert and EasyBuyBye, and; • Industry Revolution 4.0 related solutions utilising Mixed Reality, IOT Frameworks, Big Data Machine Learning and Artificial Intelligence. Value created by our key operations Create Specialised tailored programme for Institution and plant operators Network R&D collaborations with extensive network Diversify Focusing on 5 pillars of Industrial Revolution 4.0 to provide tailor-made solutions that revolve around every need of our clients Innovate Value-added offerings for both institutional and mass markets Skilled Integrating technology and EPCC capabilities in smart development projects Performance The Group is actively expanding its ICT business activities worldwide by providing services relating to customised solutions involving software developments and Extended Reality (“XR”) training applications. With these activities, the Group captured revenue of RM418.64 million and gross profit of RM73.29 million for FPE2021. It is contributed by work performed in related to customised solutions involving software development in countries such as UAE and Qatar and India. 418.64 5.58 4.09 122.76 3.95 17.51% 30.27% 27.49% 17.03% 24.99% 2016* 2017 2018 2019 2021 ^ RM Millioins ICT Revenue & Margin ICT Margin ICT Revenue * The figures and values for 2016 in this section represent that performance of Serba Dinamik Group Berhad, in order to reflect the performance of the Group prior to the incorporation of Serba Dinamik Holdings Berhad and the subsequent acquisition of Serba Dinamik Group Berhad on 26 May 2016. For further information please refer to our IPO prospectus available on our corporate website. ^ On 07 May 2021, the Group announced the change of financial year end for the Company and its subsidiaries from 31 December 2020 to 30 June 2021. The audited financial statements is for a period of eighteen (18) months, made up from 1 January 2020 to 30 June 2021