News

(25 June 2026 – Hong Kong) Computime Group Limited (the “Company”, “CTGL” or “Computime”, together with its subsidiaries, collectively the “Group”; stock code: 320.HK) announces its annual results for the financial year ended 31 March 2026 (“FY2026”) The Group demonstrated strong operational resilience in the face of a highly complex and volatile global macroeconomic environment shaped by geopolitical tensions, supply chain disruptions, and slower-than-expected recovery in the housing and construction sectors. Driven by steady performance in the Control Solutions segment and growth in the Branded Business segment, the Group’s revenue increased by 2.7% year-on-year to HK$4,104.9 million. Gross profit rose 0.6% to HK$657.4 million. Inventory levels decreased to HK$734.7 million, while net cash was maintained at a healthy level of HK$100.1 million, reflecting a stable liquidity position and disciplined working capital management.

Segment Performance
Control Solutions recorded revenue of HK$3,610.2 million, increased 1.2% year-on-year. The growth was primarily driven by the recovery in the Heating, Ventilation, and Air Conditioning (“HVAC”) sector and strong sales performance in the Water & Air category, which helped offset softer demand in the Appliances segment amid cautious consumer spending. Branded Business achieved robust revenue growth of 14.8% year-on-year to HK$494.6 million. Performance was led by Salus through proactive market expansion and successful new product launches, while Braeburn delivered a modest uplift despite challenges in the United State housing and renovation market.

Strategic Glocalization and Operational Discipline
Despite near-term profitability being impacted by the ramp-up of the Mexico facility and the non-recurrence of the prior year’s substantial net foreign exchange gain, the Group remained committed to driving strategic, forward-looking investments crucial to its future. Notably, the Mexico facility is already delivering measurable advancements in production output, productivity, and cost structure. Concurrently, the Group accelerated business and technology development while expanding its global footprint to mitigate escalating geopolitical risks. In alignment with its core “Glocalization” strategy, the Group implemented a strategic organizational optimization, streamlining headcount in traditional markets and reallocating resources to reinforce the global talent pipeline, thereby positioning CTGL to unlock lasting value and achieve sustainable long-term growth.

Evolution into a Technology and Portfolio Company
FY2026 marked a pivotal milestone with the introduction of CTGL as the Group’s new corporate identity. This rebranding reflects the Group’s five-decade evolution from a traditional electronics manufacturer into a diversified technology enterprise focused on connectivity and energy efficiency. Operating as a strategic holding company identity, CTGL provides unified architecture for its sustainable business portfolio, highlighting its focus on unlocking long-term value through innovation. Supporting this transformation is the newly launched CTGL Lab. Serving as a centralized, technology-driven platform, CTGL Lab is designed to elevate the Group’s core technical capabilities and catalyze cross-business collaboration. This framework fast-tracks the development of advanced solutions to meet evolving market needs, fully powered by unified expertise across hardware, software, connectivity, intelligent controls, sensing, and emerging Artificial Intelligence (“AI”) applications.

MedTech and HealthTech Expansion
Looking ahead, CTGL has identified Medical Technology (“MedTech”) and Health Technology (“HealthTech”) as pivotal strategic growth areas. Supported by ComtecNova, its Singapore-based innovation hub, the Group leverages its 50-year engineering expertise to access new partnerships and scale healthcare solutions.

Gaopudi (“GPD”): Bridging the East and the West
The Group is positioning GPD as a strategic bridge to empower ambitious Chinese enterprises expanding internationally. Backed by CTGL’s 7 global R&D centers and 8 advanced manufacturing facilities, especially the expanded footprints in Southeast Asia and Mexico, GPD enables domestic customers to seamlessly comply with international standards and achieve global supply chain scaling.


Advancing ESG Towards 2030 Targets
CTGL continues to deepen its ESG integration, expanding its Scope 3 greenhouse gas reporting and achieving zero work-related fatalities for the tenth consecutive year. The Group improved its Board diversity with female representation now at four out of nine members. These disclosures earned a Management Level rating from the CDP and Performer Level in the SSBS assessment, outperforming industry averages.

Mr. Bernard AUYANG Pak Hong, Chairman, Executive Director and CEO of Computime Group, commented: “While short-term market visibility remains limited, we are cautiously optimistic about our long-term prospects. Under our unified CTGL corporate identity, we are transitioning beyond a cost-driven OEM/ODM model toward an innovation-led, solution-oriented technology portfolio company. Backed by our complete glocalization framework and agile manufacturing capacities, we will continue to pursue growth in China market, MedTech, and the North American climate control sector, leveraging our diversified portfolio to navigate uncertainties and propelling what’s possible.”