Solartech International Holdings Limited (1166) reported for the financial year ended 30 June 2025 a total turnover of approximately HK$578.8 million, representing a 27.3% decline from the previous year’s HK$795.7 million. According to the announcement, the loss attributable to owners of the Company increased from HK$88.5 million to around HK$142.3 million, translating into a loss per share of approximately HK$1.20.

By business segment, revenue in the cables and wires segment stood at approximately HK$187.1 million, down 24.6%, while the copper rod segment recorded HK$376.9 million, down 29.8%. The leasing business generated HK$14.8 million, up 40.8%. By geographic region, Mainland China and Hong Kong contributed HK$472.6 million to the Group’s total turnover.

During the reporting period, Solartech finalized a disposal transaction involving 100% equity interest in Dongguan Hua Yi Brass Products Co., Ltd. for RMB70.0 million. The subsidiary’s assets included industrial properties in Dongguan. The disposal completed on 6 March 2025 and net proceeds were used primarily to repay upcoming bank loans and for general working capital.

Regarding corporate governance, the Board noted the appointment of new Independent Non-Executive Director, Ms. Dou Biling, serving to strengthen the Group’s financial management and advisory functions.

Looking ahead, the Group’s strategic focus includes bolstering its core cables, wires, and copper rod businesses, along with pursuing new applications in electric vehicles, robotics, and new energy solutions. The Board continues to assess market conditions and refine its operating strategies to enhance competitiveness and sustainability.