- IDT International posted FY2025 profit of HK$ 69 million, down 39.7%.
- Revenue fell 34.8% to HK$ 110 million, due to weaker sales in Chinese Mainland and higher tariffs tied to China-US trade war.
- Gross profit slid to HK$ 17 million from HK$ 54 million.
- Other income and gains jumped to HK$ 70 million, driven by HK$ 48 million gain on waiver of loan from creditor and HK$ 22 million gain from settling creditor loan via bond issuance.
- Board outlined a two-phase AI and data infrastructure build in 2026, funded in part by March 2026 placing net proceeds of HK$ 160 million, with Phase 1 focused on GPU servers and deployment through first three quarters and Phase 2 expanding capacity and model deployment in second half.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IDT International Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260331-12085249), on March 31, 2026, and is solely responsible for the information contained therein.
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