Azeus Systems Reports Higher Attributable Profit in Fiscal H1

MT Newswires

2024/11/15

Azeus Systems' (SGX:BBW) profit attributable to equity holders surged 79% in fiscal H1 to HK$48.9 million from HK$27.3 million a year earlier, according to a filing with the Singapore Exchange on Thursday.

Earnings per share came in at HK$0.0163 compared to HK$0.0091 in the year-ago period.

Revenue surged 27% year over year to HK$169.3 million from HK$132.8 million in the year-ago period, as the company's products revenue surged 39%, offsetting a 29% decrease in the system implementation and enhancement segment.

The IT solutions company declared an interim cash dividend of HK$0.016 for the period.

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