KARRIE INT'L Reports Strong First-Quarter Revenue Growth of 35%

Stock News07-15

KARRIE INT'L (HKEX: 01050) has announced its unaudited consolidated revenue for the three months ended June 30, 2026, showing an approximate 35% increase compared to the same period last year.

Within this performance, the Server Chassis — General & AI segment reported revenue growth of about 63% year-on-year. The Storage Products division achieved a revenue increase of approximately 14%. Conversely, the Electric Vehicle Accessories & Other segment experienced a revenue decline of around 30% compared to the prior-year period.

A notable development within the Server Chassis segment is the rising contribution from AI-related products. Their share of that segment's revenue increased from about 12% in the fiscal year ended March 31, 2026, to approximately 20% in this quarter. Furthermore, revenue from AI-related products surged to roughly seven times the level seen in the three months ended June 30, 2025.

The robust growth in the Server Chassis division is primarily attributed to the ongoing expansion of production and increased shipments of Application-Specific Integrated Circuit (ASIC)-related server products. This momentum follows the commencement of volume deliveries in the second half of the 2025/26 fiscal year.

Additionally, the group commenced shipments for an AI switch-related product to another leading artificial intelligence company during the quarter.

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