Future Machine reports strong interim growth, driven by emerging markets

Future Machine Limited reported a 27.4% increase in revenue to RMB1,600.9m for the six months ended June 30, 2025, up from RMB1,256.9m in the prior year. Net profit also rose by 25.0% to RMB11.5m from RMB9.2m. This growth was primarily fueled by strong demand for smartphones and IoT-related products, with sales to China and India increasing by 27.8% to RMB1,483.1m.

The company's strategic focus on emerging markets proved successful, with China's revenue increasing by 13.8% to RMB1,111.2m and India's revenue soaring by 102.3% to RMB371.8m. However, revenue from Pakistan and Bangladesh saw declines, attributed to a strategic reallocation of resources towards the PRC and India. The gross profit margin remained relatively stable at 8.5% for the period.

Effective July 2025, the company officially changed its name to "Future Machine Limited" to better reflect its future business direction and corporate identity. Total staff costs increased to RMB102.5m from RMB94.0m in the previous year, with basic and diluted earnings per share at RMB cents 1.12.