Cloud ComputingCloud computing business delivered robust growth with revenue up by 68% YoY, mainly attributable to strong demand for AI computing power and deepened cooperation with leading hyperscalers.
Financial PerformanceTotal revenue increased by 14% YoY to HK$45.5bn, with net profit up by 36% YoY to HK$649mn, driven by strong demand for AI computing power.
Market ExpansionVSTECS is expected to continue benefiting from the growing demand for AI computing power as one of the leading distributors of AI chips and computing power in Asia.