PC Partner Group booked a net profit attributable to shareholders of HK$494.2 million for the 12 months ended Dec 31, up 88.5 % year-on-year, lifted by a surge in demand for its own-brand NVIDIA RTX-50 series graphics cards.
The bottom-line translated into basic earnings per share of HK$1.27, versus HK$0.68 a year earlier. The board declared a final cash dividend of SGD0.05 (about HK$0.30) and a special cash dividend of SGD0.05 per share, both payable on 5 Jun 2026 to shareholders on the register as of 18 May 2026. These come on top of the HK$0.25 interim dividend paid in August and compare with a HK$0.15 final payout for FY2024.
Group revenue climbed 38.4 % to HK$13.95 billion. By product, own-brand video graphics cards generated HK$10.67 billion, soaring 68.9 % YoY on a 32 % volume increase and a 28 % rise in average selling prices. ODM/OEM graphics cards contributed HK$2.05 billion, down 5.1 % as lower ASP offset higher unit shipments. Electronic manufacturing services revenue slipped 2.5 % to HK$659.5 million, while other PC-related products fell 38.3 % to HK$569.5 million. Regionally, sales grew across the board, led by Europe, Middle East, Africa and India (+55.1 %) and North & Latin America (+47.1 %).
Cost of sales rose 37.3 % to HK$12.53 billion, but gross margin improved to 10.2 % from 9.5 % thanks to the higher-priced RTX-50 line-up. Administrative expenses expanded 19.5 % on staff additions in Singapore and Indonesia, relocation costs and a one-off HK$63.4 million Hong Kong tax settlement, while finance costs increased 27.2 % amid higher interest rates and borrowings.
Looking to 2026, the company cautioned that tight supplies of high-bandwidth memory for AI data centres are driving up graphics memory costs and could curb card volumes, though management expects higher pricing to offset the shortfall until supply normalises. PC Partner has joined the NVIDIA Partner Network as an Integration Partner and is investing in talent, product development and manufacturing infrastructure to capture rising demand for AI servers.