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VSTECS (856) investor relations material
VSTECS H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the first half of 2026 reached HK$52.6 billion, up 16% year-over-year, with net profit attributable to shareholders at HK$915 million, a 49.9% increase year-over-year.
Earnings per share were HK65.95 cents, and return on equity reached 18.1%.
Gross margin improved to 4.97% from 4.75% year-over-year.
The company operates across nine Asia Pacific countries, serving 1.9 billion people, and maintains strong partnerships with major technology firms.
No significant events occurred after the reporting period up to the date of the interim report.
Financial highlights
Revenue increased 16% year-over-year to HK$52.6 billion in H1 2026.
Net profit attributable to shareholders rose 49.9% year-over-year to HK$915 million.
Gross profit reached HK$2.61 billion, up from HK$2.16 billion year-over-year.
Cash and bank balances stood at HK$4.26 billion as of 30 June 2026.
Total assets as of 30 June 2026 were HK$50.5 billion.
Outlook and guidance
Full-year revenue is expected to exceed HK$100 billion.
Management targets sustainable growth, with 20-30% annual growth considered achievable, though 50% growth is seen as exceptional and not sustainable long-term.
The group aims to expand market share and product/service range, leveraging its broad portfolio and network for continued growth.
Focus remains on all business segments for future development.
Continued investment in AI, cloud, and new business drivers is planned for long-term competitiveness.
- Record 2025 revenue and profit growth, higher dividend, and strong AI and cloud expansion.856
H2 2025 - Revenue up 13.6%, profit up 34.7%, with strong cloud and segment growth, no interim dividend.856
H1 2025 - Revenue up 17.8% to HK$40.08B, but net profit down to HK$453.3M on lower margin.856
H1 2024 - Net profit up 14.1% to HK$1.05 billion on 20.6% revenue growth; dividend unchanged.856
H2 2024
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Next VSTECS earnings date
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