Aztech Global

Aztech Global broadens customer base and expands product range - THE EDGE SINGAPORE

Corporate moves

Aztech Global broadens customer base and expands product range

Aztech Global seeks customer and product diversification to nullify risks from over-reliance on key customer.
Analysts keep ‘buy’ on Aztech Global with higher target price on growth prospects - THE EDGE SINGAPORE

Broker's Calls

Analysts keep ‘buy’ and 'add' on Aztech Global with higher target price on growth prospects

Maybank Securities raises target price on Aztech Global following robust FY2023 results.

Results

Aztech Global FY2023 earnings up 48.8% y-o-y to $100 mil

Including the interim dividend paid in August 2023, the total dividend payout for FY2023 will amount to 8 cents per share.

Cybersecurity

Aztech Global reports ransomware attack on IT network

The cybersecurity incident is the latest in a spate of ransomware attacks reported by Singapore-listed companies in 2024.

Broker's Calls

Maybank Securities ups Aztech Global's target price

Aztech now trades at just 6.6x earnings, versus 8-10x of its local peers.

Broker's Calls

Brokers’ Digest: OCBC, Centurion, Frasers Property, Aztech Global, Sats, SIA

Here's what the analysts have to say this week.

Broker's Calls

UOBKH and DBS analysts raise TP for Aztech following record-high quarterly earnings

As Aztech’s earnings have exceeded forecasts, UOBKH has raised its TP to $1.11, while DBS has raised it to $1.25.

Results

Aztech Global reports quarterly record net profit of $30.9 mil for 3QFY2023

This growth was led by higher interest income, and driven by sales in IoT devices and data-communication products.

Broker's Calls

Analysts positive on Aztech's outlook following factory and R&D centre visit

Aztech is one of the few factories in Dongguan that is still busy with customer orders.
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