Azeus Systems Holdings has reported earnings of HK$50.5 million for FY2023, up 4% over the preceding FY2022 ended March.

Revenue for the Hong Kong-based but Singapore-based company in the same period was up 16% y-o-y to HK$252.9 million.

The company plans to pay a final dividend of HK$1.08, which will bring total payout for FY2023 to HK$1.68 per share, equivalent to the full year's earnings.

Executive chairman Lee Wan Lik says the company's focus now is to implement the HK$1.02 billion Central Electronic Recordkeeping System contract, with revenue visibility until FY2037."

According to Lee, 75% of the value of the contract is for the licensing and maintenance of convene records which will continue to boost the company's product revenue.

"We remain steadfast in delivering high quality IT services for the public sector, and focused on bringing innovative product offerings to new customers worldwide as we expand our business," adds Lee.

<span class='see_also_inread'><b>See also: <a class='gtm_see_also_1_inread' style='text-decoration: underline;' href='/capital/results/ihh-healthcare-doubles-earnings-rm5321-mil-3qfy2023?utm_source=website&utm_medium=article&utm_campaign=ONPAGESEO'>IHH Healthcare doubles earnings to RM532.1 mil for 3QFY2023</a></b></span>

Azeus shares last traded at $8.59 up 0.69% year to date.

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Tech news in less than 5 minutes – December 2023

Azeus Systems reports FY2023 earnings of HK$50.5 million, up 4%

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