Press Release - Aztech Group Ltd

Press Release
FOR IMMEDIATE RELEASE
Aztech Registers S$329.4 million Revenue and
S$5.8 million Net Profit for Full Year 2014
FY2014 Dividend of 0.75¢ per share
(Proposed final dividend of 0.5¢ plus interim dividend paid of 0.25¢)
SINGAPORE, 18 February 2015 – Singapore Exchange Mainboard-listed Aztech Group Ltd
(“Aztech”) today announced its fourth quarter (4Q2014) and January to December FY2014
financial results ended 31 December 2014.
For 4Q2014, the Group registered total revenue of S$77.34 million. Electronics segment
posted the strongest quarter revenue with 25% increase in sales of Data Communication
products and 61% increase in LED Lighting products quarter-on-quarter, as a result of
higher sales in manufacturing services.
Revenue for FY2014 improved by 36.6% against the same period last year to S$329.41
million, driven by strategic diversification in collaborative joint development of LED Lighting
products and increase in infrastructure materials projects. Full-year net profit closed at
S$5.78 million.
Financial Highlights:
Turnover
Gross Profit
Net Profit after Tax
EBITDA
FY2014
(S$’m)
329.41
34.73
5.78
17.76
FY2013
(S$’m)
241.15
31.76
6.47
15.83
Headquarters
AZTECH GROUP LTD
Company Reg. No 198601642R
31 Ubi Road 1, #09-01, Singapore 408694.
Tel: (65) 6594 2288, Fax: (65) 6749 1198, www.aztech-group.com
Change
(%)
36.6
9.3
(10.7)
12.2
4Q2014
(S$’m)
77.34
8.42
0.28
4.05
4Q2013
(S$’m)
83.13
10.39
3.05
5.54
Change
(%)
(7.0)
(18.9)
(90.8)
(26.9)
Factory
AZTECH COMMUNICATION DEVICE (DG) LTD
Jiu Jiang Shui Village, Chang Ping Town,
Dong Guan City, Guang Dong Province, China
Tel: (86)(769) 8393-6688, Fax: (86)(769) 8393-1138
Net Working Capital
Net Assets
Net Assets Per Share (cents)
31 Dec 2014
(S$’m)
23.83
86.40
16.73
31 Dec 2013
(S$’m)
27.75
84.65
16.70
Change (%)
(14.1)
2.1
0.2
The Group’s overall financial position of the Group remains healthy with consistent positive
operating cash flows and prudent gearing levels. As at 31 December 2014, the Group had a
positive net working capital position of S$23.83 million, net assets position of S$86.40
million and net assets per share of 16.73 cents.
The Board is proposing final dividend of 0.5 cents per share, subject to shareholders’
approval, to be paid out on 20 May 2015. Including the interim dividend of 0.25 cents paid in
November 2014, the distribution of dividend for FY2014 totals to 0.75 cents per share.
- End Media Contact:
Jesmine Ong
DID: (65) 6594 2276
Email: jesmine.ong@aztech.com
About Aztech Group Ltd. (“Aztech”)
Incorporated in 1986 and listed on the Main Board of the Singapore Exchange, Aztech is a dynamic international group with
key activities in Electronics and LED Lighting Design & Manufacturing, Materials Supply, Marine and F&B Business. The
Group operates in six countries over three continents.
For more information, please visit www.aztech-group.com
Headquarters
AZTECH GROUP LTD
Company Reg. No 198601642R
31 Ubi Road 1, #09-01, Singapore 408694.
Tel: (65) 6594 2288, Fax: (65) 6749 1198, www.aztech-group.com
Factory
AZTECH COMMUNICATION DEVICE (DG) LTD
Jiu Jiang Shui Village, Chang Ping Town,
Dong Guan City, Guang Dong Province, China
Tel: (86)(769) 8393-6688, Fax: (86)(769) 8393-1138