HongKong:0303

VTech to Acquire Assets of Gigaset Communications GmbH

Strategic Acquisition Strengthens VTech's Global Businesses and Operations HONG KONG and BOCHOLT, Germany, Jan. 24, 2024 /PRNewswire/ -- VTech Holdings Limited ("VTech", HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufact...

2024-01-24 20:45 3399

VTech Announces 2023/2024 Interim Results

HONG KONG, Nov. 15, 2023 /PRNewswire/ -- Higher profit as operating expenses decreased and gross margin improved * Group revenue decreased 2.1% to US$1,140.9 million * Gross profit margin rose from 28.3% to 28.5% * Profit attributable to shareholders of the Company increased 14.1% to US$9...

2023-11-15 17:25 2041

VTech Announces FY2023 Annual Results

HONG KONG, May 17, 2023 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303) today announced its results for the year ended31 March 2023. * Group revenue declined by 5.4% to US$2,241.7 million * Gross profit margin was 28.3%, as compared with 28.2% in FY2022 * Profit attributable to sharehol...

2023-05-17 17:05 3384

VTech Announces 2021/2022 Interim Results

HONG KONG, Nov. 15, 2021 /PRNewswire/ -- * Global material shortages, supply chain disruptions and rising costs affected results * Group revenue decreased 0.8% to US$1,114.8 million * Gross profit margin fell from 31.8% to 27.4% * Profit attributable to shareholders of the Company decli...

2021-11-15 17:45 1848

VTech Announces FY2021 Annual Results

HONG KONG, May 18, 2021 /PRNewswire/ -- * Group revenue increased 9.5% to a record US$2,372.3 million * Profit attributable to shareholders of the Company rose 21.1% to a record US$230.9 million * Final dividend of US74.0 cents per ordinary share, resulting in a record full-year dividend...

2021-05-18 17:30 11633

VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC

HONG KONG, April 8, 2021 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303)  announced today that it has completed the acquisition of a production facility inTecate, Mexico from QSC, LLC for manufacturing wood enclosure loudspeakers. The acquisition was announced on 20 January 2021. In addition ...

2021-04-08 16:30 7402

VTech Announces Collaboration with Save the Children

HONG KONG, March 29, 2021 /PRNewswire/ -- The COVID-19 pandemic has posed unprecedented challenges on a global scale. Children living in poverty have been particularly affected as schools are closed and they lack the facilities and equipment to learn at home. As a global leader in electronic lear...

2021-03-29 16:30 3326

VTech to Acquire Mexican Manufacturing Facility from QSC, LLC

HONG KONG, Jan. 20, 2021 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303)  today announced that it has signed an agreement with QSC, LLC to acquire its production facility inTecate, Mexico for manufacturing wood enclosure loudspeakers. QSC, LLC is a globally-recognised leader in the design, e...

2021-01-20 16:30 8966

VTech to Launch Green Electronic Learning Products with Sustainability Pledge 2030

HONG KONG, Jan. 19, 2021 /PRNewswire/ -- Hong Kong – VTech Holdings Limited (HKSE:303) announced today that it will launch a variety of green electronic learning products in 2021, which marks an important step for its sustainability commitment towards replacing fossil based plastics with sustaina...

2021-01-19 16:30 4911

VTech Announces 2020/2021 Interim Results

HONG KONG, Nov. 9, 2020 /PRNewswire/ -- * COVID-19 brought unprecedented challenges to the Group's operations * Group revenue was flat at US$1,123.6 million * Gross profit margin improved from 30.7% to 31.8% * Profit attributable to shareholders of the Company rose 4.7% to US$123.6 ...

2020-11-09 17:43 6689

VTech Announces FY2020 Annual Results

HONG KONG, May 18, 2020 /PRNewswire/ -- * Group revenue increased by 0.2% to US$2,165.5 million * Profit attributable to shareholders of the Company grew by 11.3% to US$190.7 million * Gross profit margin increased from 29.4% to 30.6% * Dividend payout ratio reduced to 70.0% to conserve c...

2020-05-18 17:31 9178

VTech Announces 2019/2020 Interim Results

Higher revenue and profit with improved margins HONG KONG, Nov. 11, 2019 /PRNewswire/ -- * Group revenue increased by 12.0% to US$1,124.1 million * Profit attributable to shareholders of the Company rose by 31.0% to US$118.0 million * Gross margin increased from 29.5% to 30.7% * Interi...

2019-11-11 16:45 4006

VTech Announces FY2019 Annual Results

HONG KONG, May 20, 2019 /PRNewswire/ -- * Group revenue increased by 1.5% to US$2,161.9 million * Profit attributable to shareholders of the Company decreased by 17.0% to US$171.3 million * Final dividend of US50.0 cents per ordinary share, resulting in a full-year dividend of US67.0 cen...

2019-05-20 19:05 10063

VTech Announces 2018/2019 Interim Results

Continued growth in Asia Pacific despite lower Group revenue HONG KONG, Nov. 12, 2018 /PRNewswire/ -- * Group revenue decreased by 3.5% to US$1,003.5 million * Profit attributable to shareholders of the Company declined by 13.0% to US$90.1 million * Interim dividend of US17.0 cents per o...

2018-11-12 17:20 1634

VTech Completes Acquisition of Pioneer Corporation's Manufacturing Facility in Malaysia

HONG KONG, Aug. 21, 2018 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303) announced today it has completed its acquisition of a manufacturing facility in Malaysia owned by Pioneer Technology (Malaysia) Sdn. Bhd., a subsidiary of Pioneer Corporation. The acquisition of the manufacturing facili...

2018-08-21 19:45 3078

VTech Announces FY2018 Annual Results

* Group revenue increased by 2.4% to US$2,130.1 million * Profit attributable to shareholders of the Company increased by 15.3% to US$206.3 million * Final dividend of US63.0 cents per ordinary share, resulting in a full-year dividend of US80.0 cents per ordinary share, an increase of 14.3% ...

2018-05-17 16:45 2219

VTech to Acquire Manufacturing Facility from Pioneer Corporation

HONG KONG, May 4, 2018 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303) announced today that it has signed an agreement with Pioneer Corporation under which VTech will acquire a manufacturing facility inMalaysia owned by Pioneer Technology (Malaysia) Sdn. Bhd., a subsidiary of Pioneer Corporati...

2018-05-04 08:15 3375

VTech Announces Settlement with the US Federal Trade Commission on Cyber Attack Incident

HONG KONG, Jan. 8, 2018 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303) announced that its wholly owned subsidiaries, VTech Electronics Limited and VTech Electronics North America, L.L.C., have reached a settlement with the US Federal Trade Commission (FTC) to resolve an investigation o...

2018-01-09 01:56 1829

VTech Announces 2017/2018 Interim Results

HONG KONG, Nov. 9, 2017 /PRNewswire/ -- * Group revenue increased 5.8% to US$1,039.7 million * Profit attributable to shareholders of the Company rose 45.1% to US$103.6 million * Gross margin improved from 31.9% to 32.3% * Interim dividend of US17.0 cents per ordinary share, the same as th...

2017-11-09 16:57 1962

VTech Announces FY2017 Annual Results

Record revenue and positioned for growth with three strategic acquisitions HONG KONG, May 16, 2017 /PRNewswire / --   * Group revenue increased by 12.0% to a record US$2,079.3 million * Gross margin improved from 31.4% to 33.2% * Profit attributable to shareholders of the Company decrease...

2017-05-16 16:46 3192
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