AV Concept publishes 2026 annual report

• AV Concept annual report for the year ended March 31, 2026 showed a rebound in operating conditions, led by its semiconductor distribution business.
• Momentum was tied to stronger demand for memory semiconductors used in AI, cloud computing, and data centers, supported by tighter industry supply discipline.
• Singapore distribution operations continued to lean on a long-standing Samsung Electronics relationship, with management highlighting inventory discipline and working-capital controls.
• China joint venture AVPEL grew sales but faced margin pressure from intense competition and higher component costs, prompting tighter cost and financing control.
• Consumer products shifted further toward higher-margin lines and Japan, while the group exited its internet social media business due to limited contribution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AV Concept Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260730-12261561), on July 30, 2026, and is solely responsible for the information contained therein.