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GCC Scope > Business > AI Business Surge Lifts Yeebo Revenue in Fiscal Year Ended March 2026
Business

AI Business Surge Lifts Yeebo Revenue in Fiscal Year Ended March 2026

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Last updated: July 1, 2026 3:55 am
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Yeebo revenue rises 13.7% on AI growth | AI-Generated Image
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Yeebo (International Holdings) Limited said in a press release distributed via Media OutReach Newswire that its consolidated revenue for the 12 months ended March 31, 2026, rose 13.7 percent to approximately HK$1,181 million. The increase was propelled by rapid expansion in the group’s AI operations, which more than offset modest gains in its established display segment. According to the release, earnings per share came in at HK$2.127 and directors proposed a final dividend of HK$0.50 per share, subject to shareholder approval at the annual general meeting.

The statement detailed how the AI business, operated primarily through subsidiary Suanova, delivered revenue of approximately HK$159.3 million, representing an almost 2.8-fold increase from the previous fiscal year. By contrast the display business posted a 2.6 percent rise to HK$1,021.7 million, broadening applications into automotive panels and household appliances alongside conventional uses. Gross profit for the group amounted to HK$125.9 million, equal to a 10.7 percent margin, the company reported.

Equity investments in several artificial intelligence enterprises, including MetaX, Biren and Xizhi, formed a central element of the AI strategy, the release explained. GPU computing clusters maintained utilization rates above 90 percent throughout the period, supporting both internal requirements and external client demand. The company noted these initiatives have strengthened its presence in high-growth technology areas while preserving core electronics manufacturing capabilities.

Profit attributable to owners of approximately HK$1,950.6 million reflected a 42.6 percent decline from the prior year, according to the statement. Management attributed the reduction to the absence of a substantial non-recurring gain recorded in the previous fiscal period from the disposal of its interest in Nantong Jianghai Capacitor Co. The release positioned current-year earnings as a stable base for continued strategic deployment in emerging sectors.

Chairman Douglas Fang, also known as Fang Yan Tak, underscored the group’s dedication to building a comprehensive AI ecosystem in remarks carried by the announcement. He highlighted plans to sustain investment in advanced computing infrastructure and selective partnerships that can generate lasting shareholder value. The statement indicated that operational focus would remain on integrating display technologies with AI-driven solutions across Hong Kong headquarters and manufacturing sites in Guangdong and Jiangsu provinces.

Listed on the Hong Kong Exchanges and Clearing under stock code 00259, the diversified electronics group has increasingly oriented its portfolio toward artificial intelligence compute and related services. The release described the latest results as validation of this directional shift even as traditional display revenues continued to provide a reliable foundation. Further updates on implementation of the dividend and forthcoming strategic steps are expected following the annual general meeting.

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