UBoT (8529) investor relations material

Executive summary

• H1 revenue rose 27.2% YoY to HK$115.047m and net profit attributable to owners more than doubled to HK$11.480m, supported by volume growth, higher utilisation and automation gains.

• Management expects steady, volume-driven growth in H2 2026.

Financial highlights

• Gross profit increased 38.9% to HK$46.144m from HK$33.161m; gross margin rose to 40.1% from 36.7%.

• Profit before tax was HK$12.420m versus HK$5.352m; basic EPS was HK2.24 cents versus HK1.03 cents, and diluted EPS was HK2.23 cents versus HK1.03 cents.

• Operating cash flow was HK$13.020m versus HK$10.042m; period-end cash and cash equivalents were HK$9.380m, up from HK$4.471m at 31 December 2025.

• Administrative expenses rose 7.5% to HK$17.1m and selling and distribution expenses rose 26.7% to HK$13.3m, reflecting increased marketing activity.

Outlook and guidance

• WSTS forecasts global semiconductor market growth of 108% to US$1.66tn in 2026 and expansion to US$2.1tn in 2027; memory revenue is forecast to grow 302% in 2026.

• Planned expansion of Philippines production into tray products and phased automation in the Philippines and Dongguan aim to improve productivity, quality consistency and cost competitiveness.

• R&D priorities include widening carrier tape specifications and customers, advancing MEMS and sensor packaging, and developing own-branded sensor products.

• Selective reinvestment is planned in capacity, automation and product development.