Time Interconnect Technology sees revenue jump 82% on server, data center growth

Time Interconnect Technology Limited reported an 82.1% increase in revenue to HK$4,853.7 million for the six months ended June 30, 2025, up from HK$2,666.1 million in the previous interim period. This growth was primarily fueled by the server sector, which saw a 318.1% revenue increase to HK$2,564.2 million, and the data center sector, which grew by 66.8% to HK$941.4 million. Despite the strong revenue, the gross profit margin decreased from 18.5% to 13.2%, attributed to the lower profit margin of the server sector.

Profit for the period rose by 47.1% to HK$313.7 million, resulting in basic earnings per share of HK16.1 cents, a 47.7% increase from HK10.9 cents. The company's total assets less current liabilities increased to HK$2,027.759 million from HK$1,687.937 million. The board declared an interim dividend of HK1.6 cents per share.

The company's strategy involves becoming a Tier-1 supplier in telecommunication, data communication, healthcare, automotive, and industrial sectors, continually expanding its product range. In July 2025, the company's associate, Time Singapore, acquired 100% of Leoni Kabel GmbH, aiming to leverage global reach and expand its data center business.