VTECH HOLDINGS (00303) Announces Interim Results Profit attributable to shareholders fell 12.9% to US$65.1 million with 17 cents per share

According to the Zhitong Finance App, VTECH HOLDINGS (00303) announced interim results for the six months ended September 30, 2026. Revenue increased 5.6% year-on-year to US$1,047 million. Profit attributable to the company's shareholders fell 12.9% to US$65.1 million, earnings per share were 25.7 US cents, and the interim dividend was 17.0 US cents per share.

The announcement stated that the decline in profit was due to a drop in the Group's gross profit due to an increase in sales costs. During the period, material costs, direct labor costs, production expenses and freight increased. The increase in the Group's actual income tax rate also led to a drop in profit. The above factors offset the positive impact of tariff cuts on the Group's products exported to the US.