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Azeus Systems doubles 1H earnings to $1.9 mil on 'significant growth' from Azeus Products segment

Felicia Tan
Felicia Tan • 2 min read
Azeus Systems doubles 1H earnings to $1.9 mil on 'significant growth' from Azeus Products segment
Shares in Azeus closed 11 cents lower or 7.7% down at $1.31 on Nov 13.
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Azeus Systems Holdings, the Hong Kong-based IT consultancy services provider has more than doubled its earnings in 1HFY2021 to HK$11.0 million ($1.9 million) from the HK$4.9 million reported a year ago.

Earnings per share (EPS) for the half-year period rose 121% y-o-y to 36.5 HK cents, compared to the 16.5 HK cents the year before.

Revenue was up 10.2% y-o-y to HK$79.4 million driven by a “significant growth” from the Azeus Products segment, who was also the largest contributor in 1HFY2021.

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