Home Capital Results

Aztech’s 1H earnings more than double to $29.4 mil

Jeffrey Tan
Jeffrey Tan7/30/2021 05:48 PM GMT+08  • 2 min read
Aztech’s 1H earnings more than double to $29.4 mil
Looking ahead, the company says the global shortage of components is unlikely to abate in the next six to 12 months.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Aztech Global’s earnings more than doubled to $29.4 million in 1HFY2021 ended June 30, from $13 million a year ago.

The electronics manufacturer’s revenue almost doubled to $249.7 million from $129.1 million a year ago.

The higher revenue was driven mainly by higher sales volume of IoT devices and data-communication products, owing to increased demand from customers, the company says.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now