VTECH HOLDINGS (00303) has released its interim results for the six months ended 30 September 2026, reporting a 5.6% year-on-year increase in revenue to US$1.047 billion, while profit attributable to shareholders of the company declined 12.9% to US$65.1 million, with earnings per share of 25.7 US cents and an interim dividend of 17.0 US cents per share.
The announcement stated that the decline in profit was attributable to a drop in the group's gross profit resulting from higher cost of sales. During the period, material costs, direct labour costs, production expenses and freight charges all increased. A rise in the group's effective income tax rate also contributed to the profit decline. These factors offset the positive impact of reduced tariffs on the group's products exported to the United States.