Profit for the period increased by 4.3% y-o-y to HK$166.5 million.
Total revenue grew by 3.5% y-o-y to HK$1.73 billion as Valuetronics’ industrial & consumer electronics (ICE) revenue growth of 8.8% y-o-y offset the 12.2% y-o-y decline in consumer electronics (CE).
ICE’s revenue grew to HK$1.36 billion thanks to strong revenue contributions from a Canadian-based network access solutions provider, a new customer since FY2024, while CE’s revenue fell to HK$367 million due to the continued decline in demand for traditional consumer lifestyle products but offset by revenue contributions from a new entertainment-focused customer.
Gross profit for the year rose by 10.8% y-o-y to HK$293.7 million while gross profit margin rose by 1.1 percentage points y-o-y to 17% thanks to a shift towards higher margin products.
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Other income fell by 10.1% y-o-y to HK$58 million mainly from the fair value loss from financial assets and lower interest income in line with the lowering of interest rates by the US Fed.
“Against a backdrop of persistent macroeconomic uncertainty, the group delivered a commendable performance in FY2025. We attribute this to our strategic initiatives, including a decisive rebalancing of product portfolio toward higher-margin offerings, which have strengthened our competitive position and cushioned our earnings,” says Ricky Tse Chong Hing, chairman and managing director of Valuetronics.
“But looking ahead, we expect ongoing volatility from the evolving tariff situation and its resulting impact on global markets,” he adds.
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For the year, the group has proposed a final dividend of 11 HK cents, down from last year’s 9 HK cents per share, and a special dividend of 8 HK cents per share, unchanged y-o-y. Including the special interim dividend of 8 HK cents per share, Valuetronics will be giving out a total of 27 HK cents per share in total.
The proposed dividend, if approved by shareholders at its annual general meeting (AGM) in July, will be paid on Aug 22.
As at March 31, cash and cash equivalents stood at HK$1.09 billion.
Shares in Valuetronics closed at 70 cents on May 27.
