Aztech Q4 net profit falls nearly 91%

Singapore

AZTECH Group saw its net profit for the three months ended Dec 31, 2014, slump nearly 91 per cent year on year to S$280,000 on the back of higher expenses and lower revenue.

Revenue slipped 7 per cent to S$77.34 million as higher sales from its electronics segment were offset by lower revenue from its material supply and marine logistics segment. Earnings per share came in at 0.06 cent, down from 0.63 cent a year ago.