Aztech Global Cautiously Optimistic About Business -- Market Talk

Dow Jones
Oct 20

0720 GMT - Aztech Global seems cautiously optimistic about its business environment for the rest of 2025, UOB Kay Hian analysts say in a research report. The electronics manufacturer's 3Q earnings were in line with UOB Kay Hian's expectations, bringing its nine-month earnings to form 73% of the brokerage's full-year estimate. However, 4Q is a seasonally weaker quarter for the Singapore-listed company after completing peak holiday season's orders for electronic products in 2Q and 3Q, the analysts say. Also, Aztech Global remains vigilant of uncertainty in the macroeconomic, trade and geopolitical fronts. The brokerage has a hold rating and a target price of S$0.58 on the shares, which are unchanged at S$0.635. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

October 20, 2025 03:20 ET (07:20 GMT)

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