Aztech's share price, having dropped by around one-eighth over the past 12 months, has likely priced in the order book slowdown.
William Tng of CGS International has turned more bullish on Aztech Global (SGX:8AZ
) , with the view that the manufacturer will see earnings decline further for its 4QYF2024 ended Dec 2024, which will be reported later this month.
However, Tng believes that the company's customer diversification efforts, plus a pick up in orders from existing clients, will help earnings growth resume in the coming FY2026.
