Aztech Global's Outlook Remains Uncertain -- Market Talk

Dow Jones

02-28

0749 GMT - Aztech Global's outlook remains uncertain, UOB Kay Hian analysts say, as the brokerage lowers the stock's target price to S$0.65 from S$0.90 while maintaining a hold rating. The electronics manufacturer's 2024 earnings were slightly below expectations, the analysts write in a note. They say the company is experiencing some volatility in customer demand amid rising trade restrictions and global economic uncertainties. UOB KH lowers its 2025 and 2026 revenue forecasts by 26% and 25%, respectively, given the lower-than-expected results and an uncertain outlook. Shares are 0.7% higher at S$0.76. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

February 28, 2025 02:49 ET (07:49 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2025 02:49 ET (07:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999002620.SGD","symbol_name":"LionGlobal South East Asia SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514196263","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514196263","pubTimestamp":1740728940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0749 GMT - Aztech Global's outlook remains uncertain, UOB Kay Hian analysts say, as the brokerage lowers the stock's target price to S$0.65 from S$0.90 while maintaining a hold rating. 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The electronics manufacturer's 2024 earnings were slightly below expectations, the analysts write in a note. They say the company is experiencing some volatility in customer demand amid rising trade restrictions and global economic uncertainties. UOB KH lowers its 2025 and 2026 revenue forecasts by 26% and 25%, respectively, given the lower-than-expected results and an uncertain outlook. Shares are 0.7% higher at S$0.76. (amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 28, 2025 02:49 ET (07:49 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}