Equity Analysis /
Singapore

SG : Aztech Global Ltd - Dongguan also in lockdown

    William Tng
    William Tng

    Small Caps Analyst

    CGS-CIMB
    25 March 2022
    Published by

    Aztech Global Ltd (Aztech) today announced a halt in production at its Dongguan plant over 15-21 Mar 2022 as the city has gone into lockdown. Its Malaysia factory continues to operate as normal. We think its 1Q22F revenue will be affected and Aztech will need to catch up on production once the Dongguan lockdown is lifted.