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These guys have given a 5cent interim dividend (80% payout ratio based on 1H24 NP) and together with the final dividend of 5cents for FY23, the LTM dividend payout suggest that this guys are willing to share. The last time they gave out 5cents was right after IPO (2021), probably to reward some buddies who signed up for the IPO?
A new generation with new alignment and view, as a VB previously suggested?
Another noticeable thing about Aztech Global would be its new Pasir Gudang mfg base. Across the straits, there are plenty of contract mfg-ers whom have flew into space taking advantage of the FX differential (sales in USD and cost in RM). Completed CAPEX and lower operating costs bode well for shareholders if future business orders hold up.
Aztech Global H1 net profit up 8.7% to S$46.7 million
Revenue for H1 fell 4 per cent to S$373.2 million from S$388.6 million the year before, the Internet of Things (IoT) devices and data communications product manufacturer reported on Tuesday (Jul 30).
Earnings per share stood at 6.04 Singapore cents, up from 5.56 cents the previous year.
For the half year, an interim dividend of five Singapore cents per share was declared.
https://www.businesstimes.com.sg/compani...-7-million
A new generation with new alignment and view, as a VB previously suggested?
Another noticeable thing about Aztech Global would be its new Pasir Gudang mfg base. Across the straits, there are plenty of contract mfg-ers whom have flew into space taking advantage of the FX differential (sales in USD and cost in RM). Completed CAPEX and lower operating costs bode well for shareholders if future business orders hold up.
Aztech Global H1 net profit up 8.7% to S$46.7 million
Revenue for H1 fell 4 per cent to S$373.2 million from S$388.6 million the year before, the Internet of Things (IoT) devices and data communications product manufacturer reported on Tuesday (Jul 30).
Earnings per share stood at 6.04 Singapore cents, up from 5.56 cents the previous year.
For the half year, an interim dividend of five Singapore cents per share was declared.
https://www.businesstimes.com.sg/compani...-7-million