Mainboard-listed Aztech Group has announced its 2Q2012 and 1H2012 financial results for the period ended 30 June 2012.
For 2Q 2012, the group registered a turnover of $63.47 million, a 10.9% increase over the same period last year. The electronics segment contributed $43.76 million while materials supply contributed $17.99 million to the group revenue for the quarter. Gross profit was $5.32 million with a gross profit margin of 8.4%. Net profit attributable to shareholders for the period was $0.31 million.
For 1H 2012, group turnover was $133.35 million, a 32.0% increase over the same period last year. Net profit attributable to shareholders for the period was $2.33 million and earnings per share were 0.48 cents.
The improvement was primarily due to better performance of electronics, material supply and marine segments as well as the absence of impairment charge of $19.40 million compared to 1H 2011.
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