HONG KONG – Valuetronics reported revenue of HK$891.3 million ($114.1 million) for the first half of its fiscal year, down 15.2% from the first half of 2022.

The company said the drop was primarily caused by falling demand across its consumer electronics, as well as industrial and commercial electronics segments.

“Despite the challenging macro environment, we have managed to onboard customers in new and various sectors who will help to further diversify our revenue," said Ricky Tse, chairman and managing director, Valuetronics. "We will continue to leverage our Vietnam and China campuses to provide diversified manufacturing solutions and seize opportunities to acquire new customers."

• Prev
• Next