
Aztech Global's Attributable Profit Drops 66% in H1; Shares Up Nearly 5%

Aztech Global's attributable profit to owners of the parent dropped by 66% during the first half of the year to SG$16.1 million from SG$46.7 million a year earlier, according to a late Tuesday filing with the Singapore Exchange. Shares of the company were up nearly 5% in recent trading. Earnings per share dropped to SG$0.0208 compared with SG$0.0604 in the comparable period. Revenue plunged 50% year over year to SG$185.4 million from SG$373.2 million, as market demand softened during the period.
Aztech Global's attributable profit to owners of the parent dropped by 66% during the first half of the year to SG$16.1 million from SG$46.7 million a year earlier, according to a late Tuesday filing with the Singapore Exchange.
Shares of the company were up nearly 5% in recent trading.
Earnings per share dropped to SG$0.0208 compared with SG$0.0604 in the comparable period.
Revenue plunged 50% year over year to SG$185.4 million from SG$373.2 million, as market demand softened during the period.

