Azeus Systems Holdings has reported revenue growth of 27% y-o-y to HK$169.3 million for its 1HFY2025.
However, thanks to better margins, its earnings increased by a bigger magnitude of 79% in the same period to HK$48.9 million.
The company attributes this better showing to stronger license revenue of its proprietary products and related services.
Azeus, which is debt-free, had a net cash balance of HK$204.6 million as of Sept 30, up 12% y-o-y.
Lee Wan Lik, the company's executive chairman says he is pleased with the "commendable results" and that Azeus will aim to continue this growth trajectory.
The company's CEO Michael Yap aims to generate more growth with geographical expansion and to also invest further in product development.
See also: IHH Healthcare’s 3QFY2024 patmi remains flat at RM534 mil
"We remain optimistic on the outlook of the second half and expect continued growth," says Yap.
Azeus shares closed at $11.59 on Nov 14, up 0.78%.
