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Azeus Systems' Net Profit Surges to $8.45m in H1 2025

Singapore Business Review ·  Nov 15 09:27

Earnings per share stood at $0.28.

Azeus Systems Holdings reported a 79% surge in net profit for the first half of the year, rising to $8.45m (HK$48.9m) from $4.71m (HK$27.3m), partly due to a higher tax provision, its bourse filing showed.

Revenue climbed by 27% to $29.26 (HK$169.3m), driven by strong growth in the Azeus Products segment, which contributed $23.8m ($137.7m), or 81% of total revenue.

Meanwhile, IT services declined by 6% to $5.47 (HK$31.7m), making up 19%. Gross profit margin rose to 73%.

Earnings per share stood at $0.28 (HK$1.63).

CEO Michael Yap noted that the company will focus on expanding geographically and developing its new ESG reporting platform.

HK$1 = $0.17

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