News

Manufacturing

Staff Reporter

, Singapore

Published:

1 month ago

Photo from Envato Elements

Aztech’s net profit plunges 90.3% YoY

The decline was due to reduced customer demand.

Aztech reported a 90.3% year-on-year (YoY) decline in net profit to $1.5m from $15.9m for Q1 2025 due to reduced customer demand in the quarter.

Earnings per share stood at $0.0020.

Revenue for the period dropped 67.3% YoY to $42.0m from $128.6m a year ago.

Meanwhile, the company secured 5 new customers from the consumer, health-tech and industrial segment in Q1, with commercial production scheduled to start from H2 2025.

In addition, Aztech plans to leverage its Malaysia manufacturing facility to mitigate supply chain risks arising from geopolitical and tariff uncertainties.

The facility will also commence operations of the new automated production line in Q2 2025.

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