Financial Highlights

For the year ended 31 March

FY202 5
HK$ million

FY202 4
HK$ million

Year-on-Year
(“YoY”)
Change

Revenue

3,996.6

4,037.8

(1.0 %)

Gross profit

653.3

631.1

3.5 %

Adjusted EBITDA (Note1)

332.2

333.9

(0.5 %)

Profit after tax

90.3

83.9

7.6 %

Proposed final dividend

HK$0.054

HK$0.050

8.0 %

Note 1: Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) excluded loss on valuation of HK$1.6 million in current year and gain on valuation of HK$7.0 million in last year.

HONG KONG, June 30, 2025 /PRNewswire/ — A leading technology, brand, and manufacturing company and an enabler of smart and sustainable living, Computime Group Limited (the “Company” or “Computime”, together with its subsidiaries, collectively the “Group”; stock code: 320.HK) is pleased to announce its annual results for the year ended 31 March 2025 (the “Year” or “FY2025”), highlighting resilience amid macroeconomic headwinds and reaffirming its long-term growth path with the implementation of its Five-Year Plan and expansion into Southeast Asia.

Results overview

In FY2025, Computime reported consolidated revenue of HK$3,996.6 million, a marginal decline of 1.0% year-on-year, continued market sluggishness and a HK$133 million shipment backlog in the Control Solutions segment that was carried forward from the previous fiscal year. However, gross profit rose 3.5% to HK$653.3 million, with margin improving to 16.3%, supported by strategic cost control and improved margins in the Branded Business segment.

Profit after tax grew 7.6% to HK$90.3 million, while Adjusted EBITDA remained stable at HK$332.2 million. These results reflect the Group’s disciplined management and agile response to volatile market conditions. The cash position remained robust, with net cash of HK$95.9 million and gearing ratio improving to 8.4%.

Segment Review

The Control Solutions segment recorded revenue of HK$3,565.8 million, relatively flat versus last year. This was primarily attributed to softer performance in the HVAC sector, which saw headwinds due to unfavorable climatic factors and a slowdown in both new home construction and residential retrofit activities.

The Branded Business segment achieved HK$430.8 million in revenue, slightly down 1.4% due to softness in the United States. Nevertheless, Salus delivered strong growth in the second half of FY2025, fueled by the successful launch of the new smart home solution and regained market share in Eastern Europe.

Our Approach: Glocalization Focus within our Five-Year Plan

Now in the second year of its Five-Year Plan, Computime continues to place Glocalization at the heart of its growth strategy. By integrating localized execution with centralized oversight from the Hong Kong headquarters, the Group delivers globally standardized solutions that are tailored to meet specific regional demands. This approach has strengthened agility, enhanced structural resilience, and ensured steady progress despite ongoing market volatility.

The Glocalization strategy is supported by three core operational models. Through the Region-to-Region approach, local business development teams are empowered to lead customer engagement, align production schedules, and drive sales, while drawing on global resources to respond swiftly and effectively to local needs. The Hub-and-Spoke model positions Hong Kong as the central coordination hub, optimizing resource allocation and ensuring strategic consistency across markets. Meanwhile, the Specialized and Flexible Hybrid Model enables each regional site to leverage its unique strengths within a unified framework, promoting collaboration and operational efficiency across the Group. Together, these elements form a cohesive, adaptive system that supports sustainable expansion and long-term value creation.

Corporate Priorities: Driving the Next Growth Phase

Computime’s future growth is guided by a focused strategy built around innovation, operational excellence, and global coordination. The Group is expanding its presence in high-growth green and smart home markets, developing AI-driven energy and water management solutions aligned with evolving global standards. With over 500 engineers and more than 200 patents, Computime is scaling its innovation capabilities to deliver energy-efficient products that address real-world needs across industries and regions.

To further support this transformation, the Group is enhancing its organizational structure through a refined talent model and integrated capabilities across North America, the European Union, Southeast Asia, and China. These changes enable greater responsiveness and alignment across operations. At the same time, Computime is streamlining its processes by implementing profit-and-loss accountability at the business unit level, rolling out SAP for digital integration, and reallocating resources to improve execution. These strategic initiatives collectively reinforce the Group’s commitment to sustainable, scalable growth in an increasingly complex global environment.

ESG Stewardship: A Core Business Imperative

In FY2025, Computime deepened its commitment to sustainability through action and accountability. The Group received multiple accolades, including three (3) Low Carbon Manufacturing Programme Gold Labels from WWF, the LOOP+ Third Level label in Hong Kong, and Penang Green Office Label in Malaysia. The EcoVadis rating also rose significantly to the 78th percentile and was awarded the Bronze Medal.

The Group achieved a 38.3% reduction in Scope 1 and 2 greenhouse gas emissions from its 2020 baseline—surpassing its five-year reduction target. An ESG roadmap through 2050 is in place, with a net-zero commitment reflecting Computime’s long-term view that sustainability is not only a responsibility, but also a strategic advantage for resilience and future-proofing.

Outlook

Looking ahead, Computime remains cautiously optimistic. With increasing demand for smart and sustainable solutions, the Group is accelerating its global footprint to capture new opportunities.

The Group is actively expanding its presence across Asia and Europe, with a new regional hub in Singapore marking a major step in this journey. Granted with the International Headquarters Award by Singapore’s Economic Development Board, this new facility will serve as an integrated platform for engineering, sales, and customer service—supporting end-to-end solutions across Southeast Asia.

Mr. Bernard AUYANG, Chairman, Executive Director and Chief Executive Officer of Computime Group, commented “We will continue to drive forward our Glocalization Strategy as a means to navigate uncertainty with confidence. Looking ahead, Computime will continue to invest strategically—in advanced technology, product innovation, and smart infrastructure upgrades—to ensure we stay agile, competitive, and future-ready. We are committed to delivering long-term value to all stakeholders and to fulfilling our vision of enabling smart and sustainable living on a global scale.”