Fourace Industries publishes FY2026 annual report

• Fourace annual report flagged a sharp operating downturn in FY2026 as tariffs, inflation, and price competition hit demand for hair-styling appliances.
• Sales weakened in the US and Japan, including reduced orders from a major US customer and the end of a high-margin hair-dryer model in Japan.
• Management shifted strategy toward faster product launches, a larger R&D push, and a heavier tilt toward its own-brand OBM rollout.
• Cost controls tightened across overhead, procurement, and headcount as the group sought to protect margins amid price cuts.
• Board proposed dividends totaling HK$ 0.015 per share, with payment targeted around Aug. 31, 2026, subject to shareholder approval.

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. Fourace Industries Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260716-12246530), on July 16, 2026, and is solely responsible for the information contained therein.