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Aztech Global
Results
Aztech Global posts net profit of $15.9 mil for 1QFY2024, up 18.7% y-o-y
The earnings growth for the quarter came about despite a 20.4% y-o-y decrease in 1QFY2024 revenue to $128.6 million.
April 23, 2024
Corporate moves
Aztech Global broadens customer base and expands product range
Aztech Global seeks customer and product diversification to nullify risks from over-reliance on key customer.
April 18, 2024
Broker's Calls
Analysts keep ‘buy’ and 'add' on Aztech Global with higher target price on growth prospects
Maybank Securities raises target price on Aztech Global following robust FY2023 results.
February 26, 2024
Results
Aztech Global FY2023 earnings up 48.8% y-o-y to $100 mil
Including the interim dividend paid in August 2023, the total dividend payout for FY2023 will amount to 8 cents per share.
February 22, 2024
Cybersecurity
Aztech Global reports ransomware attack on IT network
The cybersecurity incident is the latest in a spate of ransomware attacks reported by Singapore-listed companies in 2024.
February 13, 2024
Broker's Calls
Maybank Securities ups Aztech Global's target price
Aztech now trades at just 6.6x earnings, versus 8-10x of its local peers.
November 01, 2023
Broker's Calls
RHB highlights Aztech Global’s positive growth outlook in an unrated report
RHB expects Aztech's capacity to expand.
October 26, 2023
Broker's Calls
Brokers’ Digest: OCBC, Centurion, Frasers Property, Aztech Global, Sats, SIA
Here's what the analysts have to say this week.
October 20, 2023
Broker's Calls
UOBKH and DBS analysts raise TP for Aztech following record-high quarterly earnings
As Aztech’s earnings have exceeded forecasts, UOBKH has raised its TP to $1.11, while DBS has raised it to $1.25.
October 18, 2023
Results
Aztech Global reports quarterly record net profit of $30.9 mil for 3QFY2023
This growth was led by higher interest income, and driven by sales in IoT devices and data-communication products.
October 16, 2023