Aztech Global First Quarter 2024 Earnings: EPS: S$0.021 (vs S$0.017 in 1Q 2023)

Aztech Global (SGX:8AZ) First Quarter 2024 Results

Key Financial Results

• Revenue: S$128.6m (down 20% from 1Q 2023).
• Net income: S$15.9m (up 19% from 1Q 2023).
• Profit margin: 12% (up from 8.3% in 1Q 2023). The increase in margin was driven by lower expenses.
• EPS: S$0.021 (up from S$0.017 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Aztech Global Earnings Insights

Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Asia.

Performance of the market in Singapore.

The company's shares are down 1.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Aztech Global has 1 warning sign we think you should be aware of.

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