FSM HOLDINGS (01721) reported a year-on-year decrease of approximately 52% to 59% in sales revenue from its manufacturing business in the first quarter.

FSM HOLDINGS (01721) announced that in the first quarter of 2026, the sales of the group's manufacturing business decreased by approximately 52% to 59% (unaudited) compared to the same period in 2025. This decline was primarily due to sanctions imposed by the United States on the company's controlling shareholder, resulting in reduced orders from key clients, compounded by a more cautious market sentiment amid ongoing geopolitical tensions. In response to the decline in demand, the group has scaled down its manufacturing operations in Singapore and Malaysia.

Zhitong FinanceApr 24 19:09

FSM HOLDINGS (01721) delays the publication of its 2025 annual results and remains suspended from trading.

FSM HOLDINGS (01721) announced that due to the delay in publishing the 2025 annual results, the company was unable to release the 2025 annual report by April 30, 2026. The delay in sending out the 2025 annual report constitutes a failure to comply with Rule 13.46(2) of the listing rules. The company will issue a further announcement at an appropriate time to inform shareholders of the dispatch date for the 2025 annual report.

Zhitong FinanceApr 24 18:22

FSM Holdings Delays 2025 Results, Faces Trading Suspension Over Auditor Woes

TipRanksApr 1 12:30

FSM HOLDINGS: 1. DELAY IN PUBLICATION OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 20252. POSSIBLE DELAY IN PUBLICATION OF ANNUAL REPORTFOR THE YEAR ENDED 31 DECEMBER 20253. SUSPENSION OF TRADING

HKEXApr 1 08:08 · Announcements

FSM HOLDINGS (01721) may delay the publication of its 2025 annual results and could be suspended from trading starting April 1.

FSM HOLDINGS (01721) announced that due to the company requiring additional time to identify and appoint a new auditor, and anticipating that the new auditor will need a reasonable timeframe to complete the audit, the company may be unable to publish its 2025 annual results by March 31, 2026. Given the potential delay in publishing the 2025 annual results, the dispatch of the 2025 annual report may also be correspondingly postponed. Should the company fail to publish its 2025 annual results by March 31, 2026, trading of the company’s shares on the Stock Exchange may be suspended from 9:00 a.m. on April 1, 2026, until the publication of the 2025 annual results.

Zhitong FinanceMar 11 16:50

FSM HOLDINGS: 1. POSSIBLE DELAY IN PUBLICATION OF ANNUAL RESULTS AND ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 AND 2. POSSIBLE SUSPENSION OF TRADING

HKEXMar 11 16:48 · Announcements