0727 GMT - Aztech Global's 2025 outlook is poised to be challenging after its 1Q performance was dismal, CGS International's William Tng says in a research report. The miss to the brokerage's 1Q revenue and net profit forecasts for Aztech Global was due to reduced demand from the company's customers. Given the escalation in the U.S.-China trade conflict, the Singapore-listed company's revenue outlook could be weak over 2025-2027, prompting the brokerage to slash its revenue forecasts for Aztech Global by 41.6%-42.9% over that period. The brokerage cuts the stock's rating to reduce from hold and the target price to S$0.41 from S$0.67. Shares are 1.8% lower at S$0.555. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 17, 2025 03:27 ET (07:27 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。