VSTECS Holdings (HKG:0856) saw its stock price surge 5.87% in intraday trading on Thursday, following the release of its impressive first-half 2025 financial results. The IT company reported a significant increase in both revenue and profit, exceeding market expectations.
According to the company's filing with the Hong Kong Stock Exchange, VSTECS's attributable profit for the first half ended June 30, 2025, reached HKD 610.5 million, marking a substantial 34.7% increase from the HKD 453.3 million reported in the same period last year. This robust bottom-line growth has evidently excited investors, driving the stock's sharp rise.
The company's top-line performance was equally strong, with revenue climbing to HKD 45.5 billion, up from HKD 40.1 billion in the prior year. This 13.5% year-over-year revenue growth demonstrates VSTECS's ability to expand its market share in the competitive IT sector. The earnings per share also improved significantly to HK$0.4406, compared with HK$0.3257 in the previous year, further boosting investor confidence and contributing to the stock's impressive intraday performance.