# L.K. Technology Announces 2025/2026 Annual Results

- Link: https://www.thailand-business-news.com/pr-news/l-k-technology-announces-2025-2026-annual-results
- Published: 2026-07-01T19:10:00+07:00
- Author: Media OutReach

_Ongoing Industry Cyclical Volatility Continues to Weigh on Financial Results_ 

_Te__chnological Certainty as a Hedge against Cyclical Headwinds_

 HONG KONG SAR – [Media OutReach Newswire](https://www.media-outreach.com) – 1 July
2026 – **L.K. Technology Holdings Limited** (Stock code: 558, the “LK TECH”, and
together with its subsidiaries, the “Group”) announces the annual results for the
twelve months ended 31 March, 2026 (the “Year”).

 During the Year, although the lightweighting and integrated die-casting technology
trends in new energy vehicles continued to accelerate and the policy dividends from
large-scale equipment renewal were released, the intelligent equipment manufacturing
industry in which the Group operates underwent a cyclical adjustment, with demand-
side pressures being particularly pronounced. These included downward pressure on
new orders for large and extra-large die-casting equipment, as downstream vehicle
enterprises faced slowing retail sales growth and tightened capital expenditures;
intensifying competition in the traditional mature sectors, which weakened the growth
momentum of orders for small and medium-sized die-casting equipment; and the strain
arising from multiple strategic technology investments made in advance during the
Year and timing differences in revenue recognition for certain orders. As a result,
the Group’s overall performance for the Year came under significant strain. During
the Year, the revenue amounted to HK$5,609 million; gross profit amounted to HK$
1,375 million, with gross margin at 24.5%; net profit was adjusted to HK$49.5 million,
with a net profit margin of 0.9%.

 During the Year, the Group maintained a solid financial position, with total assets
of HK$13.3 billion, representing a year-on-year increase of 11.2%, and net cash 
of HK$1.32 billion.

 **Deep Synergy and Complementary Empowerment across the Three Core Businesses**

 The Group has three major business segments: die-casting, which handles metal blank
forming; injection molding, which enables plastic part forming; and CNC machining
centre, which performs high-precision finishing. Together, they cover the key processes
of the entire precision forming industry chain. Despite the challenging market environment,
the Group adheres to a technology‑led and market-first approach, upholding its core
strategies of technology leadership and global expansion. With deep synergy among
the three businesses, the Group’s leading industry position and competitive foundation
remain solid.

 The die-casting machinery business is the Group’s core business, with automotive
vehicles industries continuing to be the primary revenue source for this sector.
However, during the Year, the sector’s performance came under significant pressure
due to weak downstream demand, industry competition that squeezed revenue, and the
multiple effects of various strategic investments made in advance. Die-casting machinery
business’s revenue for the Year amounted to HK$3,663 million, accounting for 65.3%
of the Group’s total revenue. The injection molding segment generated revenue of
HK$1,798 million during the Year, representing 32.1% of the Group’s total revenue,
while its business achieved diversified growth breakthroughs. Notably, revenue from
the toy industry achieved growth of over 55% for the second consecutive year, with
its revenue contribution increasing to 16.7%, making it the second-largest application
sector. The segment also achieved a three-year compound annual growth rate of 38.7%,
demonstrating the Group’s strong ability to capture opportunities in high-growth
industries and the competitiveness of its products. Revenue from the CNC machining
centre business amounted to HK$148 million, representing 2.6% of total revenue.

 **Dual Leadership in Delivery and Product, Deepening Core Advantages**

 The Group’s key industry clients are currently undergoing cyclical structural adjustments,
which is further driving the competitive landscape toward consolidation among leading
enterprises that possess technological barriers, economies of scale, and comprehensive
full-lifecycle service capabilities. Simultaneously, higher requirements are being
placed on equipment products, which must be highly precise, intelligent and suited
to lightweight manufacturing processes. Therefore, the Group remains committed to
technology-driven development, focusing on core technological breakthroughs and 
capacity building across the entire industry chain. Its research and development(
R&D) investment continues to maintain high intensity, high precision, with R&D expenses
reaching HK$318 million during the Year, representing a year-on-year increase of
24.6%. This effectively constructs a technological moat and provides strong support
for the expansion of its product markets.

 In the core field of ultra-large integrated die-casting, the Group continues to
deepen its strategic cooperation with leading automobile manufacturers and suppliers,
empowering the new energy vehicle industry. During the Year, the Group successfully
commercialised the world’s first 16,000T ultra-large intelligent die-casting unit,
setting a new industry benchmark for ultra-large tonnage die-casting equipment applications;
at the same time, the Group continues to secure and deliver multiple 9000T-class
ultra-large die casting machines. The Group’s 6,000T–16,000T ultra-large intelligent
die-casting cells, which deeply integrate digital twin technology with the LK-NET
cloud die-casting management system, were selected as one of the “Outstanding Cases
of New Quality Productive Forces in the Automotive Industry 2025”. These solutions
are fully compatible with the mass production requirements for full vehicle body
structural components of automobile manufacturers. As at the end of the Year, the
Group continued to rank first in the industry globally in terms of the cumulative
number of ultra-large die-casting machines delivered, solidifying its leading position.

 In the field of magnesium alloy forming technology, the Group’s TPI semi-solid 
magnesium alloy forming technology has formed a full-scale product matrix covering
everything from small precision parts to ultra-large structural parts. It also supports
modular transformation of traditional die-casting equipment, enabling a 50% reduction
in energy consumption and a 20% increase in product toughness, thereby providing
critical support for the commercialisation of magnesium alloys application. During
the Year, the Group’s self-developed 5,000-tonne TPI semi-solid forming module successfully
secured an order from a leading OEM for the production of inner tailgate panels 
for new energy vehicles. By integrating into a single component the functions that
previously required nine separate sheet metal parts to form the inner tailgate panels,
the equipment achieves a 45% reduction in weight and increases material utilisation
to 70%, effectively balancing lightweighting and cost control.

 The Group’s TPI semi-solid forming technology, leveraging unique process advantages,
offers customers a better technical route for magnesium alloy die casting equipment
layout; its modular upgrade solution also provides existing industry customers with
a practical pathway to rapidly adopt magnesium alloy technology. Benefiting from
this, orders for the Group’s TPI magnesium alloy equipment continued to grow strongly,
with shipment value exceeding RMB100 million. Revenue generated from the related
business increased by 291.1% in the second half of the financial year as compared
with the first half of the financial year.

 In the field of advanced materials and special casting, the Group’s self-developed
zirconium-based amorphous alloy die casting equipment integrates vacuum melting,
automatic solid material feeding and full-process automation into a single system.
Having reached internationally advanced standards in technical performance, this
equipment addresses a key gap in the domestic equipment market. This equipment can
be used for large-scale production of high-end products such as foldable screen 
hinges and medical implants. In expanding its portfolio of special casting equipment,
the Group’s low-pressure die-casting machines feature innovative inert gas pressurisation
and waste heat recovery technologies, reducing overall energy consumption by 30%.
These machines are now widely used in the manufacture of products such as automotive
wheels and motor end covers. The horizontal extrusion casting machine is equipped
with a dual pressure and speed control system, meeting the production requirements
for high-performance components such as automotive steering knuckles, subframes,
and battery end plates.

 In the field of high-end intelligent machining and industrial big data, the Group
has developed an integrated intelligent machining system in response to industry
challenges associated with the post-processing of large die-cast components. The
system’s local data processing rate exceeds 90% and it achieves an accuracy rate
of over 95% in predicting machining abnormalities. Its key technical performance
indicators have reached internationally advanced standards. The technology has completed
engineering validation on five-axis gantry machining centres and post-processing
equipment for large die-cast components, and forms a more competitive, integrated
intelligent manufacturing solution. Additionally, the Group successfully overcame
technical challenges in the high-precision forming process for hydraulic valves,
further enhancing its in-house capabilities in the supply of core components. On
the other hand, leveraging digital twin technology, the Group developed intelligent
die-casting cells capable of intelligent prediction of process parameters, remote
equipment diagnostics and digitalised management and control throughout the entire
production process.

 **Further Advancement in Strategic Layout and Sustained Improvement in Operational
Efficiency**

 **Diversified Track Strategy: **To effectively respond to cyclical fluctuations
in the traditional automotive industry, the Group proactively adjusted its business
structure. On the basis of deepening its presence in the new energy vehicle track
to consolidate its core foundation, it comprehensively laid out new productivity
tracks such as energy storage, AI computing power, humanoid robots, and specialised
casting, thereby achieving diversified expansion of customer structure and application
scenarios.

 **Global Expansion Strategy:** The Group’s “going global” strategy proved highly
effective over the year, and it has successfully built a development framework that
combines “high-end breakthroughs in Europe and the US” with “deep cultivation of
emerging markets”. In particular, revenue from Europe surged by 64.4% year-on-year,
benefitting from robust demand for new energy equipment and high-end manufacturing.
The Group also successfully secured a high-end equipment order from a well-known
European vehicle enterprise, breaking the long-standing market barrier that made
it difficult for Chinese companies to enter the supply chains of mainstream European
and American vehicle enterprises. Driven by the ongoing industrial relocation, revenue
from other emerging markets and the Asia-Pacific region increased by 76.9% year-
on year as orders grew rapidly. The localised sales and service network now covers
countries such as Thailand, Vietnam, and Malaysia. Although revenue from the North
American market declined year-on-year, the Group’s diversified global market presence
effectively mitigated the impact of fluctuations in any single regional market.

 **Reducing Costs and Improving Efficiency Strategy: **The Group has continuously
optimised its production layout and advanced the digitalisation of its supply chain.
It has also been advancing in-house R&D and production of core components in a systematic
manner, complemented by long-standing and stable relationships with upstream suppliers
and centralised procurement of bulk raw materials to mitigate cost volatility. Meanwhile,
the Group will steadily upgrade its manufacturing facilities with intelligent production
lines, further reinforcing its cost-reduction foundation from the production side.

 **Mr. Liu Zhuo Ming, Chief Executive Officer of L.K. Technology Holdings Limited**
stated, “Looking back over the past year, we see that the global equipment manufacturing
industry was undergoing structural adjustment. Although earnings are under significant
pressure, the Group’s leading position remains secure. As at the end of the Year,
the Group continued to rank first in the industry globally in terms of the cumulative
number of ultra-large die-casting machines delivered, underpinning a solid competitive
foundation. Looking ahead, the Group will leverage technological strengths as a 
strategic anchor against cyclical headwinds, drive deep breakthroughs across multiple
fronts, and position itself to emerge stronger from the cycle. Going forward, the
Group remains committed to a strategy of technology leadership, capitalising on 
market opportunities while deepening the Group’s global presence and making a comprehensive
push into diverse sectors such as energy storage, photovoltaics, robotics, and computing
power cooling. In addition, the Group is building a smart service system centred
on ‘AI + Equipment’, adhering to a dual-track approach driven by both customised
and forward-looking R&D, with the goal of becoming our customers’ ‘full-lifecycle
value partner’ and delivering sustainable, substantial returns to shareholders and
investors.”

Hashtag: #LKTechnology

The issuer is solely responsible for the content of this announcement.

#### About L.K. Technology Holdings Limited (Stock Code: 558.HK)

L.K. Technology Holdings Limited is one of the world’s largest die-casting machine
manufacturers. The Group engages in the design, manufacture and sales of three product
lines, namely die-casting machines, plastic injection moulding machines and computerised
numerical controlled (CNC) machining centres. Its products are widely used in automotive
bodies and accessories, household appliances, accessories and electronic products.
The Group has 15 manufacturing bases and 60 sales and service centers worldwide.

 The Group owns Idra, a world-class precision machinery brand, which has developed
the world’s first Giga Press ultra-large die-casting equipment that provides integrated
die-casting technology – a solution adopted by leading global new energy vehicle
manufacturers. To capture overseas markets, the Group has established sales and 
service companies in the United States and India. The Group also operates a casting
factory in Fuxin, China, for the production of cast iron/steel components, thereby
strengthening upstream and downstream synergies.

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**Source** : [L.K. Technology Announces 2025/2026 Annual Results](https://www.media-outreach.com/news/hong-kong-sar/2026/07/01/473980/?rand=186006)

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