Hong Kong – Sino ICT Holdings Limited reported a decisive turnaround for the year ended 31 December 2025, driven by accelerated growth in its newly established energy segment and solid performance in surface-mount technology (SMT) and semiconductor equipment.

Revenue and Profitability • Group revenue rose 36.62 % year on year to HK$337.50 million (2024: HK$247.04 million), supported by both legacy industrial equipment sales and the expanding energy operation. • Gross profit almost doubled to HK$131.71 million, lifting the gross margin to 39.04 % from 24.85 % a year earlier. • After a HK$68.06 million loss in 2024, the Group delivered a net profit of HK$18.14 million, with profit attributable to owners reaching HK$19.20 million (FY 2024: HK$-34.42 million), equivalent to basic earnings of HK 1.32 cents per share. • EBITDA surged to HK$93.07 million (FY 2024: HK$45.62 million), reflecting stronger operating leverage.

Segment Performance Industrial Products (SMT & Semiconductor Equipment) – Revenue increased 5.43 % to HK$242.25 million. – Segment gross profit improved 11.34 % to HK$106.01 million, implying a margin of 43.7 % (FY 2024: 41.4 %).

Energy Business – Revenue expanded more than five-fold to HK$95.26 million, accounting for 28.2 % of Group turnover (FY 2024: 7.0 %). – Segment gross profit reached HK$25.69 million, reversing the prior-year loss of HK$33.83 million amid the ramp-up of the 500 MW/1,000 MWh He Rong energy-storage facility in Shanxi.

Cost and Expense Dynamics • Cost of sales grew 10.8 % to HK$205.80 million, well below the pace of revenue growth, underpinning margin expansion. • Distribution costs rose 13.7 % to HK$44.78 million, in line with higher sales activity. • Administrative expenses contracted 17.5 % to HK$80.76 million, reflecting headcount optimisation and lower R&D outlays. • Net finance costs fell 16.7 % to HK$21.60 million, aided by reduced borrowing costs.

Balance Sheet and Liquidity • Cash and cash equivalents stood at HK$207.12 million at year-end (FY 2024: HK$205.30 million). • Net current assets improved to HK$114.79 million (FY 2024: HK$33.80 million); the current ratio strengthened to 1.48 x. • Total borrowings amounted to HK$476.13 million, yielding a net debt position of HK$269.01 million and a net-debt-to-equity ratio of 131 %. • Capital expenditure was contained at HK$4.06 million, focused on machinery, fixtures and facilities upgrades.

Operational Highlights • Seven new patents increased the Group’s portfolio to 74, underscoring sustained R&D capability in SMT and semiconductor equipment. • The He Rong energy-storage plant achieved a 99.8 % command-response accuracy in primary frequency regulation, positioning the energy unit for deeper participation in China’s ancillary services market. • Inventory days shortened to 38 (-6 days), receivable days to 82 (-13 days), while payable days edged up to 76 (+4 days), reflecting tighter working-capital management.

Dividend The Board did not recommend a final dividend for FY 2025 (FY 2024: Nil), retaining earnings to support growth initiatives.

Outlook Management highlights continued focus on expanding energy-storage operations, leveraging policy tailwinds and market-based revenue streams, while sustaining R&D investment in high-precision SMT and semiconductor equipment to capture demand from 5G, EV and IoT sectors.