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Valuetronics posts 2.2% increase in 1HFY2023 earnings to HK$57.9 mil

Samantha Chiew
Samantha Chiew11/14/2022 08:40 AM GMT+08  • 2 min read
Valuetronics posts 2.2% increase in 1HFY2023 earnings to HK$57.9 mil
Valuetronics sees better 1HFY2023 results.
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Valuetronics announced that its earnings for 1HFY2023 ended September came in at HK$57.9 million ($10.2 million), a 2.2% increase from HK$56.6 million a year ago.

This came on the back of revenue increasing by 3.6% y-o-y to HK$1.1 billion.

Industrial and Commercial Electronics revenue increased by 15.9% y-o-y to HK$805.5 million, mainly contributed by the increase in demand from some of the group’s industrial and commercial electronics customers.

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