VSTECS Holdings Limited (HKG:0856)
Hong Kong · Delayed Price · Currency is HKD 9.43
-0.63 (-6.26%)
May 28, 2026, 4:08 PM HKT
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, cloud, and overseas growth. The company targets 20% annual net profit growth and plans to double R&D investment, with robust expansion in Southeast Asia and new AI product launches.
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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.