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14-11-2019, 06:46 PM
Unaudited Half Year Financial Statement for the period ended 30 September 2019 9 ("1H FY2020")
Highlights :
1. 1H FY2020 revenue grows 14.3% to HK$72.1 million (approximately US$9.2 million)
2. Strong performance driven by 79.0% increase in sales of Azeus Products to HK$37.9 million (approximately US$4.8 million)
3. Azeus’ Professional IT Services segment remains a strong pillar of support
4. Net profit for 1H FY2020 more than doubles to HK$4.9 Million (Equivalent to US$0.6 Million)
5. As at September 30, 2019, the Group’s financial position continues to strengthen with a net cash position of HK$62.4 million, up from HK$54.2 million in the previous corresponding period
6. As at September 20, 2019, the Group has no bank borrowings or debt securities
7. The Group’s shareholders’ equity increased from HK$96.8 million at the beginning of the year to HK$102.9 million as at September 30, 2019
8. No interim dividend has been declared/recommended during the period ended 30 September 2019.
More details in :
1. https://links.sgx.com/FileOpen/Azeus%20F...eID=586133
2. https://links.sgx.com/FileOpen/Azeus_New...eID=586134
Highlights :
1. 1H FY2020 revenue grows 14.3% to HK$72.1 million (approximately US$9.2 million)
2. Strong performance driven by 79.0% increase in sales of Azeus Products to HK$37.9 million (approximately US$4.8 million)
3. Azeus’ Professional IT Services segment remains a strong pillar of support
4. Net profit for 1H FY2020 more than doubles to HK$4.9 Million (Equivalent to US$0.6 Million)
5. As at September 30, 2019, the Group’s financial position continues to strengthen with a net cash position of HK$62.4 million, up from HK$54.2 million in the previous corresponding period
6. As at September 20, 2019, the Group has no bank borrowings or debt securities
7. The Group’s shareholders’ equity increased from HK$96.8 million at the beginning of the year to HK$102.9 million as at September 30, 2019
8. No interim dividend has been declared/recommended during the period ended 30 September 2019.
More details in :
1. https://links.sgx.com/FileOpen/Azeus%20F...eID=586133
2. https://links.sgx.com/FileOpen/Azeus_New...eID=586134
Specuvestor: Asset - Business - Structure.