VSTECS
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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.
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H1 2026 earnings summary20 Aug, 2026

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.

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H2 202618 Mar, 2027
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Frequently asked questions

VSTECS Holdings Limited is an IT services and solutions provider based in Hong Kong, specializing in the distribution of technology products and offering IT solutions to businesses across Asia. The company’s product portfolio includes computers, software, networking devices, and other electronic equipment from leading global brands. VSTECS also provides a range of services such as cloud computing, data center management, and digital transformation solutions, supporting corporate clients in sectors like finance, telecommunications, and education. The company is headquartered in Hong Kong, China, and its shares are listed on the HKEX.