$2.750
+0.072 (+2.61%)At close
RAY News
RAY Events
Raytech Announces Strategic Expansion into Personal Health Electronics
Raytech announced a strategic expansion of its business focus toward providing services in relation to personal health care electronics, including product design, development, and consultations, a business development path that has been actively planned and implemented since the third quarter of its financial year ended March 31, 2026. To lead this strategic growth, the Company also announced the appointment of Mr. Haoyuan Liu as its new Chairman of the Board of Director and Executive Director, strengthening its leadership team, effective as of April 15, 2026. As disclosed in the Company's interim report on Form 6-K, the Company maintained cash and cash equivalents of HK$121.5 million - $15.6 million - as of September 30, 2025, providing financial capacity to execute this strategic direction.
Raytech's H1 Net Margin Increases to 12.6%
Ching Tim Hoi, CEO and Chairman of Raytech, said: "The first half of fiscal year 2026 demonstrates our resilience and operational excellence despite challenging global trade conditions. While revenue was impacted by tariff-related market instability, we successfully improved our profitability metrics, with our net margin increasing to 12.6% from 10.8% in the prior year period. Our gross profit margin improved significantly by 5.1 percentage points to 26.3%, driven by our strategic focus on higher-margin hair styling series products within our hair styling series. We continue to maintain a robust financial position with cash and cash equivalents of HK$121.5 million, providing substantial flexibility to pursue strategic growth opportunities. We remain committed to expanding our presence in the U.S., UK, Europe, Australia and regional Asian markets."
Raytech reveals 16-to-1 share consolidation plan
Raytech announced that the company's board of directors approved that the authorized, issued, and outstanding shares of the company be consolidated on a 16-for-1 ratio, with the marketplace effective date of November 7. The objective of the share consolidation is to enable the company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2), which pertains to the minimum bid price requirement, and maintain its listing on the Nasdaq Capital Market.
Raytech reports FY25 EPS HKD 48c vs HKD 62c last year
Reports FY25 revenue HKD 78.7M vs HKD 66.97M last year. Ching Tim Hoi, CEO and Chairman of Raytech, said: "Fiscal Year 2025 marked a pivotal year for Raytech. We not only sustained profitability but also strengthened our financial position. Our revenue increased by 17.6% to HK$78.7 million, which was principally driven by increased sales in our trimmer series, fueled by new customer-engaged models. We continue to demonstrate the strength of our specialized focus in personal care and lifestyle electrical appliances, where we have accumulated over 10 years of industry experience. As we transitioned to a public company during this fiscal year, we continue to maintain operational excellence. "
Raytech prices 25.99M shares at 20c in public offering
Raytech Holding priced its public offering of 25,985,000 ordinary shares at a public offering price of $0.20 per ordinary share on June 30, 2025. Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $5.197M. The Offering is expected to close on July 1, 2025, subject to customary closing conditions. R.F. Lafferty & Co., Inc. is acting as sole placement agent in connection with the Offering.
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