Aztech Global H2 profit rises 1% to S$24.1 million; full-year earnings fall 43%
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Aztech Global reported a 1% increase in H2 net profit to S$24.1 million, but full-year earnings fell 43% to S$40.2 million. H2 revenue decreased by 0.5% to S$247.1 million, while full-year revenue dropped 30.4% to S$432.5 million, attributed to increased competition and lower demand for IoT devices. Proposed dividends total S$0.11 per share, subject to shareholder approval. Shares rose 0.8% to S$0.67 before the announcement.
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