Asia Tele-Net & Technology Reports 7.5% Rise in Revenue, Net Profit Halves to HK$14.5 Million, EPS Falls to HK3.79 Cents for First Half of 2025

Reuters
Sep 26
<a href="https://laohu8.com/S/00679">Asia Tele-Net</a> & Technology Reports 7.5% Rise in Revenue, Net Profit Halves to HK$14.5 Million, EPS Falls to HK3.79 Cents for First Half of 2025

Asia Tele-Net & Technology Corporation Ltd. reported its interim results for the period ended 30 June 2025. The company recorded revenue of HK$213.63 million, representing a 7.5% increase compared to the same period last year. The profit attributable to owners of the company was HK$14.48 million, down from HK$29.06 million in the previous period. Basic earnings per share for the period were HK3.79 cents, compared to HK7.58 cents in the prior year period. During the period, approximately 81.6% of revenue was generated from the PCB sector, up from 78.0% in the previous period, while the surface finishing sector contributed 18.4%, compared to 22.0% previously. In terms of geographical distribution, revenue from machines installed in the PRC accounted for 52.4% of total sales, up from 33.9%. The company also reported machine revenue contributions from Thailand and the Netherlands, which were not present in the previous period, while revenue from the USA declined to 7.3% from 18.0%. Administrative expenses increased by 5.9% year-on-year, mainly due to higher personnel-related costs. The company experienced a loss on change in fair value of investment properties, partially offset by gains in the fair value of investments held for trading and exchange gains from the appreciation of the Renminbi. No specific outlook or guidance was provided in the results announcement.

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