Telechoice International Limited (SG:T41) has released an update.
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TeleChoice International Limited reported a significant increase in their first quarter revenue of 2024, jumping 78% to S$82.17 million, compared to the previous year. This was mainly due to strong performances in their Personal Communications Solutions and Network Engineering Services, which mitigated a decline in their Info-Communications Technology Services. The company also saw a substantial improvement in profit before tax, turning a S$2.07 million loss in the first quarter of 2023 into a S$0.2 million profit in the same period of 2024.
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