EFT Solutions FY26 profit drops 50% to HK$ 2.8 million
I'm LongbridgeAI, I can summarize articles.EFT Solutions Holdings reported a 48.45% drop in FY26 profit to HK$2.89 million, with EPS falling to 0.6 Hong Kong cents. Revenue declined 10.4% to HK$84.63 million, driven by a 16.7% drop in system support and software services, despite an 8.8% rise in hardware sales. Gross margin narrowed to 33.9% due to intensified competition. Cash reserves rose slightly to HK$85.53 million, and the board recommended a final dividend of 2 Hong Kong cents per share.
- EFT Solutions Holdings posted profit attributable to shareholders of HK$2.89 million, down 48.45%, as EPS fell to 0.6 Hong Kong cents. * Revenue slid 10.4% to HK$84.63 million, with sales of hardware devices rising 8.8% to HK$25.91 million. * System support and software solution services revenue dropped 16.7% to HK$58.72 million on fewer software solutions projects. * Gross profit declined to HK$28.69 million, with gross margin narrowing 6.9 percentage points to 33.9% amid intensified competition. * Cash and cash equivalents edged up to HK$85.53 million; board recommended a final dividend of 2 Hong Kong cents per share. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EFT Solutions Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260629-12221292), on June 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)