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Is this the return of Avi-Tech?

Gwyneth Yeo
Gwyneth Yeo1/20/2017 10:27 AM GMT+08  • 2 min read
Is this the return of Avi-Tech?
SINGAPORE (Jan 20): Avi-Tech Electronics has had a remarkable turnaround since the three consecutive years of losses that landed the group in the Singapore Exchange’s watchlist in September 2014.
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SINGAPORE (Jan 20): Avi-Tech Electronics has had a remarkable turnaround since the three consecutive years of losses that landed the group in the Singapore Exchange’s watchlist in September 2014.

Since then, the burn-in board manufacturer and printed circuit board assembly services provider has divested its loss-making US businesses and had two consecutive years of earnings to successfully exit the watchlist on September 2016.

In an unrated note on Thursday, CIMB’s analyst William Tng pointed out that the group no longer has any financial impact from the divested US businesses and had also resumed its dividend payouts after returning to profitability.

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