Growth Momentum Continued into FY2021.
The Group generated free cash flow of $37.1 million for FY2021.
Dividend pay-out ratio of 51.9% on Strong FY2021 Financial Performance, proposed 0.05 SGD.
Order book remains Strong.
Previous Aztech Group was delisted from SGX due to business diversified development failed.
Same management Aztech Global IPO last year again, focused on IOT electronic products. From the cash flow and dividend payout, I observed Aztech was doing well and willing to share profits with investors.
Everyone can make mistake. Investors may give management a second change. Current P/E=0.915/0.1= 9.15, order book remains strong.
$Aztech Gbl(8AZ.SI)$
@TigerEvents @TigerStars
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