ITFOR | 4743 Initiation

133 Views28 Jul 2026 15:01

Issuer-paid

SUMMARY

ITFOR Inc. (hereafter, the Company) is an independent system integrator established in 1972 and is now a leading packaged software vendor with strengths in the financial, public sector, and retail industries.
Currently, profitability is improving thanks to recurring business services such as maintenance and BPO, as well as enhanced cross-selling efforts, with ROE reaching 13.9% for FY2026/3.
SIR believes the current share price is undervalued relative to the Companys fundamentals.

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