Hong Kong · Delayed Price · Currency is HKD VSTECS Holdings Earnings Call Transcripts
Fiscal Year 2025
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Revenue and net profit hit record highs in 2025, driven by strong AI and cloud growth, robust overseas expansion, and improved operational efficiency. The company targets 20% annual net profit growth and continued R&D investment, with a focus on AI, cloud, and M&A opportunities.
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Revenue rose 13.6% to HKD 45.5 billion and profit grew 34.7%, driven by strong Southeast Asia and cloud/AI business growth. Cloud computing revenue surged 67.9%, and the company targets 20% profit growth with stable dividends.
Fiscal Year 2024
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2023 revenue reached HK$73.9 billion with net profit of HK$922 million, despite FX and interest headwinds. Southeast Asia remains a key growth driver, with strong positions in cloud, consumer electronics, and enterprise systems. Double-digit growth is expected for 2024.