VSTECS Shares Tumble Over 7% in Afternoon Trading Despite Strong Annual Earnings

Stock News03-19 15:08

VSTECS (00856) saw its decline accelerate in the afternoon session, falling more than 7%. At the time of writing, the stock was down 7.29% to HK$7.88, with a turnover of HK$901.046 million. The movement follows the company's release of its full-year results for the period ending December 31, 2025. The group reported revenue of HK$97.626 billion, a year-on-year increase of 9.59%. Profit attributable to equity holders of the company was HK$1.353 billion, up 28.66% compared to the previous year. The board proposed a final dividend of 41.77 HK cents per share, compared to 25.7 HK cents in 2024. During the year, revenue from the Enterprise Systems division rose 2.3% to HK$53.534 billion, accounting for 55% of the group's total revenue. Revenue from the Consumer Electronics division increased by 18.9% to HK$39.011 billion, representing 40% of total revenue. Revenue from the Cloud Computing division grew 29.1% to HK$5.081 billion, making up 5% of the group's total revenue.

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