It suffered from unfavourable forex movements too.
Avi-Tech Holdings has maintained earnings of $2 million for 1HFY2023, versus 1HFY2022. Revenue, for the same six months ended Dec 31 2022, was up 14.6% y-o-y to $17.8 million, with higher contributions across its various business segments.
The company explains that higher costs, specifically in power, put pressure on its margins.
