Aztech Global

Aztech Global Q3 profit falls 21.2% to S$10.8 million on lower demand

Earnings per share at S$0.0141, down from S$0.0178 the previous year

“While macroeconomic and geopolitical uncertainties may persist, we will sharpen our operating model and seize emerging opportunities,” says Michael Mun, Aztech’s executive chairman and chief executive officer.

Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand

Earnings per share at 2.08 Singapore cents for the half year, down from 6.04 cents in H1 2024

Creating products is about solving problems, said Michael Mun, executive chairman and CEO, Aztech Global
THE ENTERPRISE AWARD

From Singapore to the world, creating products to solve problems

From its base in Singapore, Aztech has grown to serve international customers, with North America making up the bulk of revenue in 2024 at 79.1 per cent, and Europe coming in second at 15.5 per cent.

Aztech Global has secured five new customers from the consumer, health tech and industrial segments during the quarter.

Aztech Global’s Q1 profit plunges 90.6% to S$1.5 million on demand drop

Earnings per share for the period comes in at S$0.002, down from S$0.0206 a year ago

Snack chain Old Chang Kee has outlets in Malaysia, Indonesia, Australia and Britain.

Old Chang Kee among 7 Singapore firms named in Forbes Asia Best Under A Billion list

FAST-FOOD chain Old Chang Kee is one of seven local firms included in Forbes Asia’s new Best Under A Billion list.

Aztech Global's executive director and chief operating officer Jeremy Mun (left) and executive chairman and CEO Michael Mun.

Aztech Global H1 net profit up 8.7% to S$46.7 million 

Revenue for the period drops 4% to S$373.2 million from S$388.6 million the year before

Aztech Global is cautiously optimistic about its business prospects for the financial year, despite concerns such as supply chain management, inflationary pressures, foreign currency fluctuations, a high interest rate environment, and geopolitical tensions.

Aztech Global Q1 net profit up 18.7% to S$16 million on foreign exchange gains, write-backs

Profit growth came despite a 20.4 per cent year-on-year decrease in revenue