valuetronics

Valuetronics posts 2.7% higher H1 profit of HK$93 million

The board declares an interim dividend of HK$0.04 per share and a special dividend of HK$0.04 per share

The H2 results translate to earnings per share of HK$0.195, up from an EPS of HK$0.188 in the corresponding period a year prior.

Valuetronics posts 3.1% higher H2 profit of HK$79.9 million

The board has proposed a final dividend of HK$0.11 per share and a special dividend of HK$0.08 per share

Valuetronics says its labour costs in China eased due to the depreciation of the yuan against the Hong Kong dollar.

Valuetronics posts 10.2% rise in H1 net profit to HK$90.5 million

It declares an interim dividend of HK$0.04 per share, on top of a special dividend of the same amount

The group’s revenue drop is partly mitigated by a lower cost of sales and a jump in other income and gains.

Valuetronics posts 18.9% increase in H2 profit to HK$77.4 million

The group attributes its drop in revenue to lower demand from existing customers

UOB Kay Hian is expecting Valuetronics to report higher earnings on the back of improving gross margins.

Brokers’ take: UOBKH upgrades Valuetronics to ‘buy’ with higher S$0.72 price target

UOB Kay Hian (UOBKH) upgraded its recommendation on Valuetronics to “buy” from “hold” after the electronics manufacturer last week surprised on the upside with a 42 per cent year-on-year increase in f...

The electronics manufacturer has posted higher gross profit, leading gross profit margin to improve.

Valuetronics H1 profit up 42% to HK$82.1 million; declares dividends of HK$0.08 a share

ELECTRONICS manufacturer Valuetronics posted a 42 per cent increase in net profit to HK$82.1 million (S$14.3 million) for H1 FY2024 ended Sep 30, compared with HK$57.9 million during the year-ago peri...

Valuetronics' board is proposing a special dividend of HK$0.06 per share on top of a final dividend of HK$0.10.

Valuetronics H2 profit up 14.4% to HK$65.1 million; proposes HK$0.06 a share special dividend

VALUETRONICS Holdings on Tuesday (May 30) reported net profit of HK$65.1 million (S$11.3 million) for the half year ended Mar 31, up 14.4 per cent from its H2 FY2022 net profit of HK$56.9 million as h...

The research house’s target price on the stock has been left unchanged at S$0.53.

Brokers’ take: RHB upgrades Valuetronics to ‘neutral’ but expects continued headwinds

RHB has upgraded Valuetronics to “neutral” from “sell” on a recovering outlook, although it remains cautious of ongoing headwinds brought on by issues such as supply chain and component shortages. 

DBS Group Research expects margins for electronics manufacturing services provider Valuetronics will remain weak amid headwinds from supply chain disruptions and macroeconomic uncertainties.

Brokers’ take: DBS cuts Valuetronics target price to S$0.51 on weaker margin estimates

DBS Group Research expects margins for electronics manufacturing services provider Valuetronics will remain weak amid headwinds from supply chain disruptions and macroeconomic uncertainties.

Valuetronics said the severe shortages of certain key electronic components had impacted the company’s ability to meet orders in the full-year period.

Valuetronics H2 profit drops 40.5% to HK$56.9m

ELECTRONICS manufacturing services provider Valuetronics on Thursday (May 26) posted a 40.5 per cent drop in its net profit for the second half ended Mar 31.