News

Computime Announces FY25/26 Interim Results

(27 November 2025 – Hong Kong) Computime Group Limited (the “Company” or “Computime”, together with its subsidiaries, collectively the “Group”; stock code: 320.HK) announces its interim results for the six months ended 30 September 2025 (“1H FY25/26” or the “Period”).

Financial Overview

During the Period, total revenue rose 4.1% year-on-year to HK$1,884.8 million, supported by stable performance across both business segments: the Control Solutions segment increased 2.0% compared to the same period last year to HK$1,672.0 million in revenue. Meanwhile, the Branded Business achieved revenue growth of 23.2% year on year to HK$212.8 million, with positive growth from Salus. Gross profit increased 9.6% to HK$310.1 million, with gross margin improving to 16.5%. Profit after tax stood at HK$3.3 million, and EBITDA reached HK$111.8 million. As of 30 September 2025, cash and cash equivalents totaled HK$210.3 million, reflecting sound liquidity.

Segment Performance

The Control Solutions segment recorded revenue of HK$1,672.0 million, up 2.0% year on year, supported by recovery in the HVAC market and solid performance in Water & Air applications. Continued softness in the Appliances market, however, tempered the overall result.

The Branded Business delivered robust growth of 23.2% year on year, reaching HK$212.8 million, driven by proactive market expansion and the successful launch of products under the Salus brand that addressed market needs. These offerings were well received by customers and contributed significantly to segment growth. Braeburn also delivered a modest uplift, despite ongoing challenges in the US housing and renovation sectors.

Operational Overview

The Group’s half-year financial results were shaped by a combination of strategic investments, planned initiatives, and currency market normalization to strengthen our global footprint. Operating costs increased as Computime scaled overseas operations in line with the Glocalization roadmap. A key focus was the ramp‑up of the Mexico factory, supported by a workforce reallocation program to ensure sufficient capacity to meet anticipated global demand.

Beyond Mexico, Computime continues to diversify its manufacturing base across multiple regions to enhance supply chain resilience and reduce reliance on any single production region. These targeted investments are critical to strengthening long‑term operational efficiency including facilities, talent and automation technologies,

In Singapore, the Group’s subsidiary ComtecNova Pte Ltd officially commenced operations in July 2025. The new office is driving regional growth by expanding into Medical Technology and Healthcare Technology sectors, contributing to the Group’s long‑term diversification strategy.

Investing in Technology and People

Innovation remains the cornerstone of Computime’s growth strategy. The Group continues to invest in cutting‑edge R&D across Artificial Intelligence (“AI”), Machine Learning, Internet of Things (“IoT”), Matter, Human‑Machine Interface, Connectivity, Cloud, and Net‑Zero platforms. These technologies underpin the Group’s smart energy and water management solutions, covering applications such as EV charging, battery storage, and climate control. Proprietary AI models enable predictive diagnostics, intelligent scheduling, and energy savings through smarter control systems. At the same time, Computime is advancing a structured people reallocation program to ensure human capital is deployed where it creates the greatest strategic value. This initiative enhances efficiency, agility and cross‑regional collaboration, supporting the Group’s vision of being “close to the mark, close to the customer.”

Outlook

Looking ahead, the global environment is expected to remain uncertain amid geopolitical tension and trade volatility. Nonetheless, Computime sees expanding long‑term opportunities arising from the accelerating demand for energy‑efficient, smart, and low‑carbon technologies.

The Group will continue to pursue its Glocalization strategy, combining a region‑to‑region operating model with standardized global practices. This model shortens supply chains, reduces risk exposure, and enhances responsiveness to customer needs. North America and Europe will remain core demand drivers, while Southeast Asia and Mainland China are emerging as key growth pillars due to their manufacturing capabilities and surging demand for sustainable living technologies.

Although near‑term profitability reflects ongoing strategic investment, Computime’s healthy financial position, disciplined resource allocation and commitment to innovation provide a strong foundation for the future. Supported by a diversified footprint, resilient operations, and a robust R&D pipeline, the Group is well positioned to capture opportunities across smart control, automation and connected technology markets.

Mr. Bernard AUYANG Pak Hong, Chairman, Executive Director and CEO of Computime Group, commented: “Amid ongoing macroeconomic volatility, our Glocalization strategy continues to be a key differentiator that enhances agility, resilience, and customer proximity. Looking ahead, Computime will invest further in advanced technologies and smart manufacturing to drive digital transformation and sustainable value creation. We remain committed to enabling smart and sustainable living on a global scale for our customers, partners, and shareholders.