Aztech Global&rsquo s 1QFY2026 earnings up 166.7% y-o-y to $4 mil secures six new project orders
Manufacturing services provider Aztech Global (SGX:8AZ) has reported earnings of $4.0 million for 1QFY2026, ended March 31, up 166.7% y-o-y. The higher earnings were supported by a gain of $3.1 million from the sale of its property in Dongguan, China in the quarter, offset by lower interest income and unrealised foreign exchange loss.
Revenue in the same period was up 54% y-o-y to $64.7 million, driven by increased demand for IoT devices and data-communication products from existing and new customers. Meanwhile, EBITDA stood at 9.3% of its 1QFY2026&rsquo s revenue.
As at March 31, 2026, net cash generated from operating activities stood at $11.1 million, compared to $18.6 million a year ago. The lower figure was driven by working capital movements arising from an increase in payment to suppliers to secure materials for customer orders.
Meanwhile, Aztech Global secured six new project orders and added two new customers in the security and renewable energy segments in this quarter. Across the same period, six new project orders commenced commercial production.
Aztech Global explains that the project wins and new product introduction (NPI) progress will help support its customer and revenue diversification in the medium term.
Looking ahead, Aztech Global expects macroeconomic and geopolitical uncertainties to weigh on demand amid ongoing cost pressures.
&ldquo Against this backdrop, we will remain focused on progressing its NPI pipeline towards commercial production and securing new project orders from the MedTech and renewable energy segments,&rdquo the company states.
&ldquo Our focus remains on manufacturing excellence and being agile, while we continue with disciplined cost management and broadening of customer base to support long-term growth,&rdquo says Michael Mun, executive chairman and CEO of Aztech Global.
Shares of Aztech Global closed 2 cents higher, or 2.34% up at 87.5 cents on April 28.
DBS Call Today:
28 Apr 2026
28 Apr 2026
Aztech: 1QFY26 broadly inline pipeline execution supports gradual earnings recovery
- 1QFY26 earnings surged 167% from a weak 1QFY25 revenue gained 54% y/y, broadly inline. 
- Revenue growth driven by higher volumes from existing and new customers, with margin expansion reflecting improved utilisation and disciplined cost management. 
- Ongoing customer diversification, with strategic focus on expanding presence in MedTech and renewable energy segments.
- Maintain HOLD TP raised to SGD0.93 on 15x FY27F, with no change to forecasts.
1.10 should be within reach soon
Tracer63 ( Date: 29-Apr-2026 11:06) Posted:
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$0.985 liao
Tracer63 ( Date: 29-Apr-2026 11:06) Posted:
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Should be above $1 this wk or maybe even today
2 buy calls Target $1.32 and $1.14 today
Hold, more to come
Tgt 0.845
A tech turn to run leow
Tracer63 ( Date: 24-Apr-2026 10:16) Posted:
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Hold your fort
Tracer63 ( Date: 24-Apr-2026 09:29) Posted:
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Run started
Tracer63 ( Date: 24-Apr-2026 09:25) Posted:
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Accumulate 
Last day before cut off dividends 
Aztech Global Ltd will be announcing its Business Performance Update for the first quarter ended 31 March 2026 on Tuesday 28 April 2026, after the close of trading.
It feels like this price spike is due to the dividends. Not really going anywhere above 8.0 and likely will be in corridor 7-8 and after ex-date six-seven.
treetops ( Date: 27-Feb-2026 10:02) Posted:
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Aztech Global H2 profit rises 1% to S$24.1 million full-year earnings fall 43%
The group cites higher competition, softer demand for IoT devices and data-communication products for the FY2025 dip
[SINGAPORE] Aztech Global : 8AZ +0.75% on Thursday (Feb 26) posted a 1 per cent rise in net profit to S$24.1 million for its second half ended Dec 31, 2025, from S$23.9 million for the previous corresponding period.
However, the group&rsquo s full-year net profit was down 43 per cent at S$40.2 million.
Revenue for H2 fell 0.5 per cent year on year to S$247.1 million from S$248.4 million. Full-year revenue, meanwhile, was down 30.4 per cent at S$432.5 million. 
Aztech Global attributed the lower performance for FY2025 primarily to &ldquo increased competition&rdquo and &ldquo softer demand for IoT (Internet of Things) devices and data-communication products&rdquo .
In H2, earnings per share came in at S$0.0312, up from S$0.0310 a year earlier.
A final dividend of S$0.03 a share and a special dividend of S$0.08 per share were proposed for FY2025, for a total of S$0.11 a share.
This compares with the S$0.10 a share paid out in FY2024, which comprised a final dividend of S$0.03 a share and a special dividend of S$0.07 a share.
Subject to shareholder approval at Aztech Global&rsquo s annual general meeting on Apr 20, the latest dividends will be paid out on Apr 30 after books closure on Apr 23.
Shares of Aztech Global rose 0.8 per cent or S$0.005 to close at S$0.67 on Thursday, before the results were announced.
The group cites higher competition, softer demand for IoT devices and data-communication products for the FY2025 dip
[SINGAPORE] Aztech Global : 8AZ +0.75% on Thursday (Feb 26) posted a 1 per cent rise in net profit to S$24.1 million for its second half ended Dec 31, 2025, from S$23.9 million for the previous corresponding period.
However, the group&rsquo s full-year net profit was down 43 per cent at S$40.2 million.
Revenue for H2 fell 0.5 per cent year on year to S$247.1 million from S$248.4 million. Full-year revenue, meanwhile, was down 30.4 per cent at S$432.5 million. 
Aztech Global attributed the lower performance for FY2025 primarily to &ldquo increased competition&rdquo and &ldquo softer demand for IoT (Internet of Things) devices and data-communication products&rdquo .
In H2, earnings per share came in at S$0.0312, up from S$0.0310 a year earlier.
A final dividend of S$0.03 a share and a special dividend of S$0.08 per share were proposed for FY2025, for a total of S$0.11 a share.
This compares with the S$0.10 a share paid out in FY2024, which comprised a final dividend of S$0.03 a share and a special dividend of S$0.07 a share.
Subject to shareholder approval at Aztech Global&rsquo s annual general meeting on Apr 20, the latest dividends will be paid out on Apr 30 after books closure on Apr 23.
Shares of Aztech Global rose 0.8 per cent or S$0.005 to close at S$0.67 on Thursday, before the results were announced.
0.735 now. Heading towards $1.
Should close 0.66
Does their profit (S$10,8 million) include money from selling factory in Gelang Patah, Johor, Malaysia ($8.73 million)? It was Sold in June.
Or this was prev quarter?
Or this was prev quarter?
Other than lower profit, Will the follow be the catalyst?
The group continues to build strong momentum year to date, securing 22 new project wins and onboarding 11 new customers across consumer, medtech, industrial, and automotive segments,&rdquo it said.