Info-Tech Systems up 10.5% on positive profit guidance
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Shares of Info-Tech Systems surged 10.5% to S$0.84 following positive profit guidance, with around 387,400 shares traded. By 9.40 am, the stock eased to S$0.83, still up 9.2%. The company anticipates a significant increase in consolidated net profit for FY2025, driven by higher academy training revenue and growth in human resource management and accounting sectors. Despite the rise, the stock remains below its IPO price of S$0.87.
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