Aztech Global has reported earnings of $13.2 million for the 1QFY2021 ended March, 22 times higher than the $0.6 million recorded for 1QFY2020.

This translates to earnings per share (EPS) of 2.01 cents, up from 0.09 cents in the1QFY2020.

The earnings correspond to higher revenue for the period, which grew 211% y-o-y to $115.9 million from $37.3 million previously. The higher revenue was driven mainly by strong production volume and shipment of IoT and Data-communication products to customers that boosted revenue from this segment to $106.3 million.

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