OTC:VTKLY

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 2483

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 2478

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 5416

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 8177

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 3253

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 9020

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 17:20 757

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 1485

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 1165

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 2073

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 01:56 780

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 16:57 999

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 2190

VTech Welcomes UK Competition & Markets Authority's Approval of LeapFrog Acquisition

HONG KONG, Jan. 13, 2017 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303, VTech) welcomes the United Kingdom Competition & Markets Authority's (CMA) decision to give final and unconditional approval to its acquisition of LeapFrog Enterprises, Inc. (LeapFrog). The CMA has published its view on...

2017-01-13 08:30 3451

UK Competition & Markets Authority Provisionally Clears Merger of VTech and LeapFrog

HONG KONG, Dec. 12, 2016 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303, VTech) welcomes the United Kingdom Competition and Markets Authority's (CMA) decision to provisionally clear its acquisition of LeapFrog Enterprises, Inc. (LeapFrog). The CMA found that the merger may not be expected t...

2016-12-12 08:30 2365

VTech Completes Acquisition of German-based Snom Technology AG

BERLIN and HONG KONG, Nov. 21, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303), the world's leading manufacturer of cordless phones and a global leader in electronic learning products, today announced that the company has completed its acquisition of Snom Technology AG (Snom), th...

2016-11-21 20:00 2546

VTech Announces 2016/2017 Interim Results

HONG KONG, Nov. 10, 2016 /PRNewswire/ -- -- Higher revenue driven by growth in ELPs and CMS -- Group revenue increased by 5.9% to US$982.9 million -- Gross margin increased from 30.8% to 31.9% -- Profit attributable to shareholders of the Company decreased by 28.7% to US$71.4 million, mainly d...

2016-11-10 16:53 2442

VTech to acquire German-based Snom Technology AG

BERLIN and HONG KONG, Oct. 21, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303), the world's leading manufacturer of cordless phones and a global leader in electronic learning products, and Snom Technology AG (Snom), the world's first and a leading brand of professional and enterpri...

2016-10-21 08:30 2673

VTech Announces FY2016 Annual Results

HONG KONG, May 17, 2016 /PRNewswire/ --  * Group revenue decreased by 1.2% to US$1,856.5 million * Profit attributable to shareholders of the Company decreased by 8.4% to US$181.4 million * Gross margin declined from 32.5% to 31.4% * Final dividend of US25.0 cents per ordinary shar...

2016-05-17 17:56 3229

VTech Completes Acquisition of LeapFrog

HONG KONG and EMERYVILLE, Calif., April 5, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303), a global leader in electronic learning products and cordless telephones, today announced that the company has completed its acquisition of LeapFrog Enterprises, Inc. (LeapFrog, NYSE: LF), a ...

2016-04-05 07:09 2864
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