#Hong Kong #fiscal results #interconnect products #CCSC Technology

CCSC Technology International Holdings Limited's Financial Report

On December 23, 2025, CCSC Technology International Holdings Limited, based in Hong Kong and listed on Nasdaq as CCTG, unveiled its unaudited financial results for the first six months of fiscal year 2026, ending September 30, 2025. The company specializes in the designing and manufacturing of interconnect products such as connectors, cables, and wire harnesses.

Operational Highlights

CCSC's Chief Executive Officer, Mr. Kung Lok Chiu, highlighted the strength and resilience of the company's core operations in their recent performance. For the six-month period, revenue was recorded at $8.47 million, down from $9.22 million the previous year. This represents an 8.2% decrease which was attributed to lower sales volumes. Notably, the company maintained a steady gross profit margin of 29.2%, signaling effective cost management strategies despite the revenue decline.

In October 2025, the company expanded its operational capacity through a $7.06 million follow-on public offering aimed at bolstering its long-term growth trajectory. In line with their vision for expansion, CCSC is set to commence the construction of a new supply chain management center in Serbia in January 2026, anticipating its completion in the fourth quarter of 2026. This center is designed to function as an efficient logistics and manufacturing hub, enhancing support for customers across Europe.

Financial Summary

• - Total Revenue: $8.47 million (down from $9.22 million)
• - Gross Profit: $2.48 million (previously $2.75 million)
• - Gross Profit Margin: 29.2% (down from 29.8%)
• - Net Loss: $0.97 million vs. $0.74 million last year
• - Loss per Share: $0.08 versus $0.06 from the prior year

Revenue Breakdown

Breaking down revenue sources, AHcord the cables and wire harness segment represented 92.5% of sales, totaling $7.83 million, a 9.0% decrease from the previous year. Conversely, connector sales improved by 3.5%, yielding $0.64 million. The decline in total revenue was primarily due to a major client experiencing reduced order volumes while transitioning between product lines.

Regional Performance

Examining regional performance, European revenues decreased by 11.6% to $4.97 million mainly due to reduced orders from key markets like Denmark. However, revenues in Asia saw an increase of 5.9%, driven by demand from China and ASEAN regions, although the Americas experienced a sharp decline of 30.3%.

Cost Management Strategies

CCSC effectively managed its costs, with cost of revenue down 7.4% compared to the previous year. Inventory and labor costs decreased, contributing toward a favorable light on operational efficiency. The focus on cost control reflects a commitment to maintaining profitability and operational sustainability even amidst fluctuating sales volumes.

Looking Ahead

As CCSC looks to the future, the company emphasizes its dedication to product innovation and operational execution. They anticipate that their new supply chain management center will be instrumental in enhancing customer relations while improving service efficiency. The ongoing focus on customized solutions is anticipated to bolster their market presence.

Conclusion

CCSC Technology International Holdings Limited is continuing to navigate through challenging market conditions while maintaining strategic focus on operational excellence and product innovation. As they pave the way for future growth, their commitment to delivering customized interconnect solutions remains a top priority. For further details and updates, stakeholders can visit their official website at CCSC IR.