Hong Kong's Ju Teng H1 loss widens as PC makers cut orders due to high memory prices

Ju Teng International Holdings

13/08/2026 09:54

Overview
Hong Kong notebook casing maker's H1 2026 revenue fell 5.3% yr/yr amid weak PC demand
Net loss attributable to equity holders widened sharply, mainly due to higher idle capacity costs
Company did not declare an interim dividend for the period

Outlook
Company expects gradual hardware upgrade demand as Windows OS iteration cycle continues, supporting global PC industry.
Ju Teng sees AI-powered PCs driving product replacement and industry value enhancement
Company says short-term industry uncertainties persist but sees long-term structural opportunities

Result Drivers
WEAK PC DEMAND - Co said global memory shortages drove up costs and prices, reducing end-user demand and customer orders
IDLE CAPACITY COSTS - Lower production orders led to low utilization rates, resulting in higher idle capacity costs classified as other expenses
FOREIGN EXCHANGE LOSSES - Net foreign exchange losses increased due to RMB appreciation against USD, mainly from translation of USD-denominated receivables

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$2.57 bln
 
H1 Net Loss Attributable
 
HK$813 mln
 

Reuters Recommended Reads
Aug 13 - China's Lenovo posts 43% jump in Q1 revenue, riding AI infrastructure boom
Aug 10 - Hong Kong's Foxconn Interconnect Technology H1 profit rises on cloud demand
Aug 11 - Taiwan's ChipMOS Q2 revenue rises to highest since 2014

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-13/94d965a0-e621-4624-afd7-07239c493ec8.file
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)