VTECH HOLDINGS (00303) announced its unaudited interim results for the six months ended September 30, 2025. The group recorded revenue of $991 million, a decrease of 9.05% year-on-year. Net profit attributable to shareholders stood at $74.7 million, down 14.53% compared to the same period last year. Earnings per share were 29.5 cents, with an interim dividend of 17 cents per share proposed.
The company attributed the decline in profit to lower revenue, an increase in total operating expenses as a percentage of group revenue, and a higher effective tax rate. However, the gross margin showed slight improvement during the period.