HKG:0669

Techtronic Industries Logs 18% Boost in H1 Profit; Shares Soar 8%

Techtronic Industries (HKG:0669) recorded an 18% rise in attributable profit in the first half of 2026 to $738 million from $628 million a year prior.Earnings per share rose to $0.4029 from $0.3429 previously, according to a Tuesday Hong Kong bourse filing.The home appliance maker's revenue increased 6% year over year to $8.29 billion from $7.83 billion in the year-ago period.The company declared an interim dividend of $0.1931 for the period, payable on or around Sept. 18 to shareholders of record on Sept. 4.Shares of the company closed 8% higher on Wednesday.

Nomura Adjusts Techtronic Industries' Price Target to HK$173 From HK$163, Keeps at Buy

Nomura Adjusts Techtronic Industries' Price Target to HK$163 From HK$140, Keeps at Buy

Techtronic Industries (HKG:0669) has an average rating of buy and mean target price of HK$152.43, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

Techtronic Industries Launches $500 Million Medium-Term Bond Program

Techtronic Industries (HKG:0669) applied to list a $500 million medium-term bond program on the Hong Kong Stock Exchange, according to a Monday bourse filing.Shares of the home appliance maker were down over 2% in Tuesday morning trade.The company said the bonds may be issued to professional investors under the program during the 12 months following May 18.The program is expected to be listed on Tuesday.