VTech Holdings HY 2026 ELPs revenue drops 25.4% to USD 167.0 million

Reuters
2025.12.01 09:01
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VTech Holdings Limited reported a 9.0% decrease in group revenue to USD 991.1 million for the six months ended 30 September 2025. Profit attributable to shareholders declined by 14.5%. Revenue from electronic learning products in North America dropped by 25.4% to USD 167.0 million due to US tariff policy changes and a temporary halt in shipments. In Europe, group revenue decreased by 7.2% to USD 429.0 million, while electronic learning products revenue rose by 5.5% to USD 144.6 million.