Tuesday, 02 January 2024 12:17 GMT

FIT Hon Teng Announces FY2025 Results


(MENAFN- Think Alliance Group) -- Strong AI demand and an enhanced product mix drove continued growth
-- Revenue for the year amounted to US$5,003 million, representing a YoY increase of 12.4% as compared to US$4,451 million last year.
-- Profit for the year amounted to US$157 million, representing a YoY increase of 1.9% as compared to US$154 million last year.
-- Basic EPS for the year amounted to US$2.2 cents
-- The Board did not declare any final dividend for the year

(Hong Kong, March 12, 2026) – FIT Hon Teng Limited (“FIT” or “Company”, SEHK stock code: 6088) today announced its audited consolidated results for the year ended December 31, 2025.

In 2025, FIT’s revenue amounted to US$5,003 million, representing a 12.4% increase from US$4,451 million in 2024. FIT’s gross profit increased by 7.6% from US$879 million in 2024 to US$946 million in 2025, and its gross profit margin declined 70 basis points to 18.9% in 2025. The decline was primarily due to changes in product mix, the impact of exchange rates and increase in precious metals cost.

FIT’s operating profit decreased by 12.2% from US$327 million in 2024 to US$287 million in 2025. As a result of decrease in gross profit margin, FIT’s profit for the year increased by 1.7% from US$154 million in 2024 to US$157 million in 2025.

•The 12.6% decrease in revenue from the smartphone end market was primarily due to product specification changes of high-end smartphones of branded customers.

•The 37.6% increase in revenue from the Cloud end market was primarily due to, increased a demand in the server market driven by growing AI demand, which led to increased shipment of copper-based components in 2025.

•The 7.3% increase in revenue from the Consumer Interconnects end market was primarily due to growing demand for notebook and tablet PCs, which led to increased component shipment.

•The 94% increase in revenue from the Auto mobility end market was primarily due to the completion of the acquisition of Auto-Kabel Group on December 2, 2024, a German group specializing in automotive power transmission industry that contributed revenue for whole of 2025.

•The 4.3% decrease in revenue from the system products end market was primarily due to disruption in the upstream supply chain, which resulted in decline in shipment volume for wireless charging product for watches, and charging cable products.

Commenting on FIT’s results, Mr. Sidney Lu, Chairman and CEO, said, "We are pleased with the strong performance from Cloud and networking business, despite ongoing systemic and macroeconomic uncertainties. By leveraging our enhanced product mix, we benefit from an evolving AI infrastructure built out, that allows us to create sustaining value for our shareholders.

“Looking ahead, we remain cautiously optimistic in light of ongoing uncertainty and market fluctuations. We will focus on executing our strategies to capitalize on the AI wave, while sustaining our growth momentum by expanding our range of next-gen interconnect solutions.”

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Think Alliance Group

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