Privasia Technology Berhad Reports Earnings Results for the First Quarter Ended March 31, 2023

PRIVASIA Technology Berhad is a Malaysia-based investment holding company. The Company operates through four segments: Information Technology (IT), Information and Communications Technology (ICT), Satellite-based network services (SAT) and Investment Holding. The IT segment is engaged in IT infrastructure outsourcing, consultancy and systems integration and procurement management. The ICT segment is involved in the provision of wireless broadband infrastructure, comprehensive mobile and wireless communications consultancy, and systems development for ICT and mobile solutions providers and enterprises. The SAT segment is engaged in the provision of a spectrum of satellite-based network solutions, such as managed networks, high speed Internet, value-added broadband applications and satellite Internet protocol (IP) Virtual Private Networks for the commercial sector and general public. The Investment holding segment provides investment holding and provision of management services.