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Aztech Global reports lower earnings for 1HFY2025 of $16.08 mil from subdued customer demand

Nicole Lim
Nicole Lim • 2 min read
Aztech Global reports lower earnings for 1HFY2025 of $16.08 mil from subdued customer demand
For the reporting period, the group’s revenue came in 50.3% y-o-y lower at $185.4 million, down from the $373.2 million reported in the same period a year ago. Photo: Aztech Global
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Aztech Global has reported lower earnings for the 1HFY2025 ended June 30, 2025 of $16.08 million, down 65.5% y-o-y.

For the reporting period, the group’s revenue came in 50.3% y-o-y lower at $185.4 million, down from the $373.2 million reported in the same period a year ago.

Earnings per share for 1HFY2025 as such stood at 2.08 cents for 1HFY2025.

The group says that on a y-o-y basis, revenue and earnings declined primarily due to subdued customer demand. However, on a q-o-q basis, the group recorded improved sequential performance with net profit margin at 10.2%.

Aztech reported net operating cash flow of $8.8 million in 1HFY2025 due to higher working capital needs with increase in trade receivables and inventories. Its net cash position came in at $214.5 million as at end June 2025.

Net asset value (NAV) per share as at June 30 was at 35 cents, lower than the 44 cents as at end December 2024. The lower NAV was due to payment of final and special dividends amounting to $77.2 million in April 2025.

See also: ISOTeam reports lower FY2025 earnings but upbeat on prospects

The board of Aztech has declared a one-tier tax exempt interim dividend of 1 cent per share, amounting to $7.72 million or a 48% payout ratio of the group’s 1HFY2025 net profit.

Aztech says that y-t-d it has secured 12 new product orders (e.g. 3D medical navigation device, AI occupancy sensor, AI-controlled cat flap, smart air purifier) and added seven new customers. The new wins have been secured across the consumer, health-tech, industrial and security segments, with commercial production due to start from the second half of 2025.

The group has consolidated its production capacity and capabilities at its 300,000 square feet facility in Pasir Gudang, Johor, and sold its Gelang Patah facilities which will yield a net gain of about $4.2 million.

Shares in Aztech Global closed 0.5 cents higher or 0.833% up at 60.5 cents on July 22.

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