Earnings release
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Aztech ( Company Registration No .: 200909384G ) For Immediate Release SINGAPORE , 21 APRIL 2021 - SGX Mainboard - listed Aztech Global Ltd and its group of subsidiaries ( " the Group " ) , a key technology enabler focusing on providing one - stop design and manufacturing services , today reported net profit of $ 13.2 million on revenue of $ 115.9 million for the three months ended 31 March 2021 ( “ Q1 FY2021 " ) . Financial Highlights ● ● AZTECH GLOBAL REPORTS NET PROFIT OF $ 13.2 MILLION AND REVENUE OF $ 115.9 MILLION FOR Q1 FY2021 Financial position remains strong with cash and bank balances of $ 261.3 million ● Q1 FY2021 revenue of $ 115.9 million and net profit of $ 13.2 million EBITDA was $ 17.9 million for Q1 FY2021 Strong cash and bank balances of $ 261.3 million as at 31 March 2021 Net cash of $ 240.1 million as at 31 March 2021 The Group achieved revenue of $ 115.9 million for Q1 FY2021 driven mainly by strong production volume and shipment of loT and Data - communication products to customers that lifted revenue from this segment to $ 106.3 million . Production at its manufacturing facilities was comparatively higher during Q1 FY2021 than in Q1 FY2020 as the factory shut down during the Chinese New Year holiday was relatively shorter in February 2021 to meet the increase need for production . All currencies are in Singapore dollars unless otherwise specified . Aztech Global Ltd. 31 Ubi Road 1 # 01-05 5 408694 T + 65 6594 2288 F + 65 6749 1198 Company Registration No .: 200909384G aztechglobal.com