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Rexit Berhad (Malaysia)

Main Activities: Software Publishers | Management of Companies and Enterprises
Full name: Rexit Berhad Profile Updated: April 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Rexit Berhad is a company located in Petaling Jaya, Malaysia. It specializes in delivering solutions and services to the General Insurance and Financial services industry. Rexit offers web-based insurance solutions for marketing, sales, and back-end operations of insurance companies. They also provide workflow, case management, and document management applications for the financial industry. Rexit is a key Software as a Service (SaaS) partner to insurance and unit trust companies, offering cost-effective solutions without the need for upfront capital expenditure. They have released the e-Cover suite of web-based solutions, allowing insurance agents to transact for multiple principals using a common interface. Rexit has a large customer base, including insurance agents, insurance companies, banks, and telcos. They have also been appointed to commission operations and management systems for insurance companies in Hong Kong. Additionally, Rexit provides electronic link services between insurance companies and the Malaysian Road Transport Department, as well as third-party administration for electronic submissions to the Malaysia Employees Provident Fund. They offer the InfoGuardian Work Management Suite, which enables quick and informed business decisions and promotes transparency. Rexit Software and Rexit International are wholly-owned subsidiaries with MSC Malaysia Company Status. As a public-listed entity, Rexit has the financial capacity and experience to undertake large IT projects and operates under the requirements of regulatory bodies.

Headquarters
42, Jalan Bm 1/2, Taman Bukit Mayang Emas
Petaling Jaya; Selangor; Postal Code: 47301

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Website: http://www.rexit.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2004
Key Executives
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Chairman
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Chief Executive Officer
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Chief Operating Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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10.65%
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0.13%
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Subsidiaries
Rexit Software (Guangzhou) Co. Ltd. (China)
100%
Company Performance
Financial values in the chart are available after Rexit Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
17.51%
Total operating revenue
20.08%
Operating profit (EBIT)
18.89%
EBITDA
12.54%
Net Profit (Loss) for the Period
20.01%
Total assets
21.12%
Total equity
8.24%
Operating Profit Margin (ROS)
0.61%
Net Profit Margin
0.86%
Return on Equity (ROE)
2.42%
Debt to Equity Ratio
12.27%
Quick Ratio
-0.03%
Cash Ratio
0.14%

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