Singapore's Trek 2000 H1 profit rises on higher demand in AI-related solutions

Trek 2000 International

12/08/2026 10:35

Overview
Singapore electronics maker's first-half revenue surged yr/yr
Net income attributable to owners rose sharply for the first half
Gross margin improved to 10.6% in the first half

Outlook
Company did not provide specific financial guidance or outlook for the current or future periods

Result Drivers
REVENUE SURGE - First-half revenue rose 247.6% yr/yr, driven by strong demand for group's AI-related solutions, with AloT segment contributing 98.3% of total revenue 
GROSS MARGIN IMPROVEMENT - Gross margin increased to 10.6% in the first half on higher demand for company's solutions in global market
HIGHER OTHER INCOME - Interest and other income increased 15.3% and 21.7% respectively on fixed deposits and investment returns

Company press release: ID:nSN4tRHnx

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
$33.40 mln
 
H1 Net Income
 
$2.50 mln
 
H1 Gross Margin
 
10.60%
 
H1 Gross Profit
 
$3.50 mln
 
H1 Net Income Attributable
 
$2.50 mln
 

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(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.)