-
Aztech (SGX:8AZ)’s 1H26 results reflected a challenging operating environment, with revenue declining 18.4% y-o-y to S$151.4m as increased competition weighed on order volumes from existing customers. Net profit fell 41.7% y-o-y to S$9.4m, impacted by lower operating leverage, a S$2.8m foreign-exchange loss from the weaker US dollar, and a higher effective tax rate of 21.7% versus 14.8% in 1H25.
- - Read this at SGinvestors.io -
Weak 1H26 results amid competitive pressures.
-
Excluding the S$2.5m gain from the disposal of its Dongguan property, underlying profitability was even weaker, with net margin contracting 2.5ppt y-o-y to 6.2%.
- - Read this at SGinvestors.io -
-
Aztech also declared a lower interim dividend of 0.5 cents, down from 1.0 cents in 1H25. See Aztech's dividend dates.
Near-term outlook remains subdued as new projects ramp gradually.
- Read more at SGinvestors.io.
Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.
Lee Keng Ling DBS Group Research | https://www.dbs.com/insightsdirect/ 2026-07-29
Previous report by DBS:
2026-04-29 Aztech Global - Pipeline Execution Supports Gradual Earnings Recovery.
Price targets by other brokers at Aztech Target Prices.
Listing of research reports at Aztech Analyst Reports.
Relevant links:
Aztech Share Price History,
Aztech Announcements,
Aztech Dividend Payout Dates & Corporate Actions,
Aztech News
