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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.
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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.

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