The earnings correspond to higher revenue for the period, which grew 211% y-o-y to $115.9 million from $37.3 million previously. The higher revenue was driven mainly by strong production volume and shipment of IoT and Data-communication products to customers that boosted revenue from this segment to $106.3 million.
Aztech Global has reported earnings of $13.2 million for the 1QFY2021 ended March, 22 times higher than the $0.6 million recorded for 1QFY2020.
This translates to earnings per share (EPS) of 2.01 cents, up from 0.09 cents in the1QFY2020.
