Aztech Global Ltd. reported a net profit of S$4 million for the quarter ended 31 Mar 2026, as a 54 % year-on-year surge in demand for its Internet-of-Things (IoT) and data-communication products lifted revenue to S$64.7 million from S$42 million a year earlier.

The company’s earnings before interest, tax, depreciation and amortisation (EBITDA) represented 9.3 % of revenue, while its net cash position stood at S$272.9 million as at 31 Mar 2026. No dividend declarations were made in the business update.

Higher shipment volumes to both existing and new customers underpinned the top-line expansion. A S$3.1 million gain from the sale of a Dongguan property also supported bottom-line performance. These positives were partly offset by a S$1.7 million decline in interest income amid lower interest rates and a S$1.8 million net unrealised foreign-exchange loss. Operating cash flow came in at S$11.1 million, reflecting higher supplier payments to secure materials for upcoming orders.

During the quarter the group secured six new project orders, including two new customers in the security and renewable-energy segments, and brought six new product introductions into commercial production. Management said the wins would aid medium-term customer and revenue diversification.

Looking ahead, Aztech expects macroeconomic and geopolitical uncertainties to temper overall demand and keep cost pressures elevated. In response, the group plans to advance its new-product pipeline, target additional projects in the medical-technology and renewable-energy sectors, and continue bolstering its supplier network, manufacturing footprint and R&D capabilities.

Executive chairman and chief executive Michael Mun said the operating environment remains challenging but emphasised that the company will focus on manufacturing efficiency, agile operations and disciplined cost control while widening its customer base to sustain long-term growth.