Vtech Holdings Limited (HKG:0303)
Hong Kong · Delayed Price · Currency is HKD 51.15
-2.15 (-4.03%)
May 26, 2026, 4:08 PM HKT
Vtech Holdings Earnings Call Transcripts
Fiscal Year 2026
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Revenue and profit declined year-over-year, but gross margin improved on lower material costs. FY2027 is expected to see revenue growth, led by new ELPs, telecom innovations, and stable CMS, though margin pressure is anticipated.
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Revenue and profit declined year-over-year due to lower sales across all regions, but gross margin improved on cost efficiencies. Second-half sales are expected to recover, led by ELPs and telecom, while CMS remains weak. Malaysia expansion and new product launches support future growth.