Azeus Systems Holdings

The company eyes further geographical expansion

To date, Azeus Systems has delivered some 250 IT projects to over 60 public sector clients

The company's dividend for the full year represents a payout ratio of 99%

Azeus Systems secures HKD11.2 mil tender to provide IT services to Hong Kong government

The company has proposed a final dividend of HK$1.62 per share, 100% of its profit for the period.

This is the single largest contract secured by Azeus so far.

Shares in Azeus closed 11 cents lower or 7.7% down at $1.31 on Nov 13.

Azeus says this is likely to be the first time that a Singapore-listed company has conducted a real-time two-way interaction between the company’s management and its shareholders.

The significant increase is driven by 68.1% growth in contributions from the Azeus Products segment.

SINGAPORE (May 30): Azeus Systems Holdings, the Hong Kong-based IT consultancy services provider, has swung back to profitability in FY18 with earnings of HK$ 1.87 million ($0.32 million), compared to a loss of HK$ 21.6 million in FY17.